RMTI Trade on Sep 27, 2013 10:16 from ckz8780: Tradervue User Stock Trades.

Gravatar

Shared by
ckz8780

 

Morning flag break. I noticed that the bounce off $9.10 got bought pretty strongly and I had seen the stock spike hard to $9.60 the day before so I knew a run was in the works. My initial entry was off the $9.30 break when the little flag after the first morning push broke out. I thought the $9.40 resistance was too heavy for it so I sold the last half of that position early and then re-entered when the volume came in for the second trade. On the second trade I sold half into the first spike and then added back after it confirmed direction. I then sold half into the second spike and left a $10 target on the second half until it started to roll over. This was a nice trade but I think it probably could have been a little more calmly managed. Stops were under $9.20 on the first trade and under $9.30 on the second, then adjusted higher once I added.

1000 shares each
+$287.81 (4.30%)


Execution detail:

Date/time Symbol Side Price Position
2013-09-27 10:16:22 RMTI buy $9.300 long
2013-09-27 10:16:23 RMTI buy $9.300 long
2013-09-27 10:39:35 RMTI sell $9.391 long
2013-09-27 10:43:39 RMTI sell $9.330 long
2013-09-27 10:43:39 RMTI sell $9.330 long
2013-09-27 10:43:39 RMTI sell $9.330 0
2013-09-27 11:04:59 RMTI buy $9.449 long
2013-09-27 11:08:08 RMTI sell $9.551 long
2013-09-27 11:24:38 RMTI buy $9.599 long
2013-09-27 11:27:36 RMTI sell $9.701 long
2013-09-27 11:58:01 RMTI sell $9.701 0


Comments

2013-09-30 23:28:30
 

Great 1st entry.

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in