AMPE Trade on Sep 30, 2013 10:47 from tomr_BOWS: Tradervue User Stock Trades.

Stock was on my watch list for a flat top breakout and continuation after it had a big run-up last week. Thought I had an intraday setup when it pulled back from the morning high to the 9EMA, but I hesitated to confirm the bounce. When I entered the trade it was back at the peak and reversed again. Got stopped out at my stop placement. Stock was probably too extended to continue its run, which is something I need to pay more attention to..

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-30 10:47:47	AMPE	buy	$8.180	long
2013-09-30 10:47:47	AMPE	buy	$8.185	long
2013-09-30 10:47:47	AMPE	buy	$8.185	long
2013-09-30 10:47:47	AMPE	buy	$8.185	long
2013-09-30 10:47:47	AMPE	buy	$8.170	long
2013-09-30 10:47:47	AMPE	buy	$8.170	long
2013-09-30 10:47:48	AMPE	buy	$8.172	long
2013-09-30 11:03:15	AMPE	sell	$8.050	long
2013-09-30 11:03:15	AMPE	sell	$8.060	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMPE&trade=610872&end=20131030&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMPE&trade=610872&end=20130930132815&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-30 21:38:58

bit of a chase

Gena_BOWS

2013-09-30 22:10:00

agree with nape - you chased it a bit. you had the right idea, but looks like you waited too long? Was coiled at the 9ema, should have bought a bit closer to the 9ema.

markmandy54_BOWS

2013-10-01 01:46:54

The buy was the P/B to 8 and 1st sell is intraday high (where you bought).

AMPE Trade on Sep 30, 2013 10:47 from tomr_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax