GNK Trade on Sep 23, 2013 13:37 from leadinggroup_BOWS: Tradervue User Stock Trades.

Purchased at the bottom of a flag formation.
3.77 20SMA
3.85 bottom of first dip on the flag formation

4.20 Buy In
3.70 Stop Loss
5.20 Target
250 Max Loss
119.95 Profit Taken


Execution detail:

Date/time Symbol Side Price Position
2013-09-23 13:37:47 GNK buy $4.200 long
2013-09-24 15:02:14 GNK sell $4.560 long
2013-09-25 13:53:14 GNK sell $4.360 long
2013-09-25 13:53:14 GNK sell $4.360 0


Comments

2013-09-26 23:35:53
 

This one looks sloppy.

2013-09-27 07:54:18
 

I think you're buy was good. I think you waited a bit too long to sell on the 24th. From the charts, you'd know there was going to be some resistance around the 4.50-4.60 area, so could have set a partial sell there ahead of time, rather than as it was dropping later in the day. That was the 1st target. And there was alot more resistance around the 4.60-4.80 range too from the dailies - may have sold a bit more into the pop on the 25th, before stopping out when you did. But overall, good job, and certainly a profitable trade for sure!

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