CPRX Trade on Sep 24, 2013 09:48 from kylejensen34_BOWS: Tradervue User Stock Trades.

Setup: Opening Range Breakout and Intraday Base Breakout at High

First buy(

2000@2.94

) when broke above opening flag and second buy(

2000@3.04

) when broke above secondary flag which happened to consolidated right on top of previous 52 week high.

Was a little too quick when scaling out first two quarters since spikes went a few cents more right after selling. Nailed the third quarter at a penny under HOD though, and got stopped out last 1/4 when broke below all three MA's

$642 in profits on roughly 12k for 5% on the trade!!

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-24 09:48:59	CPRX	buy	$2.940	long
2013-09-24 09:48:59	CPRX	buy	$2.930	long
2013-09-24 09:48:59	CPRX	buy	$2.930	long
2013-09-24 09:48:59	CPRX	buy	$2.930	long
2013-09-24 09:48:59	CPRX	buy	$2.938	long
2013-09-24 09:49:20	CPRX	buy	$2.935	long
2013-09-24 09:49:29	CPRX	buy	$2.939	long
2013-09-24 10:11:44	CPRX	buy	$3.040	long
2013-09-24 10:11:44	CPRX	buy	$3.040	long
2013-09-24 10:11:46	CPRX	buy	$3.040	long
2013-09-24 10:11:46	CPRX	buy	$3.040	long
2013-09-24 10:16:49	CPRX	sell	$3.080	long
2013-09-24 10:48:21	CPRX	sell	$3.120	long
2013-09-24 11:13:06	CPRX	sell	$3.230	long
2013-09-24 11:27:46	CPRX	sell	$3.160	long
2013-09-24 11:27:46	CPRX	sell	$3.170	long
2013-09-24 11:27:46	CPRX	sell	$3.170	long
2013-09-24 11:27:46	CPRX	sell	$3.160	long
2013-09-24 11:27:46	CPRX	sell	$3.162	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CPRX&trade=601662&end=20131024&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CPRX&trade=601662&end=20130924132246&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-24 15:20:07

Good job

kylejensen34_BOWS

2013-09-25 12:07:08

Thank you, I was very proud of this trade being it's my first big winner and felt I played it well.

CPRX Trade on Sep 24, 2013 09:48 from kylejensen34_BOWS: Tradervue User Stock Trades.

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