Shared by
RobEsposito20
Float - 435M, FS% - 3.12%, ATR - 2.66, AVOL - 3.51M, RVOL - 5.12
Cost was in play today after reporting earnings. It had sold off hold in a tight range between 157.40 - 157.50 for 10m above key level 157.40. It also had stopped making new lows and was making a series of higher highs giving me confidence it could move higher. I entered 157.51 with a stop at 157.40 below the wicks. I targeted $158 but was looking to scale out fairly quickly into the up move since it had so much resistance towards 158. I sold into the first spike and then once it spike again toward 158 I exited the trade. Overall, I felt I traded it pretty well.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-10-06 14:00:53 | COST | buy | $157.510 | long |
| 2017-10-06 14:00:53 | COST | buy | $157.510 | long |
| 2017-10-06 14:03:44 | COST | sell | $157.710 | long |
| 2017-10-06 14:07:23 | COST | sell | $157.850 | long |
| 2017-10-06 14:07:38 | COST | sell | $157.770 | 0 |
Comments
RobEsposito20
GarageDayTrader
No I shorted it early in the day but I don't normally trade in the afternoon.
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!
Look at that beautiful setup! A perfect bull flag after an almost perfect looking cup and handle!