CREG Trade on Jan 5, 2018 09:38 from alext341: Tradervue User Stock Trades.

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alext341

 

CREG was another Chinese stock in play today. It popped on Ross's high of day scanners just a few minutes after my scalp on CCIH. This was a scalp setup on the first candle to make a new high on a 1-minute micro-pullback from a daily breakout above previous day's high.

From what I recall, I stopped out of the trade above my entry when I noticed some sluggish price action on buying from the Ask on the Level II. There also was some accumulation on the Ask as it popped up, and the stock failed to cleanly follow through on its move from the daily breakout as it popped back down somewhat on heavy Bid selling.

I decided to play it safe, therefore, and so I stopped out for roughly 4-10 cents of profit per share on a 500 share position. I closed the trade with a net realized gain of $25.00.


Execution detail:

Date/time Symbol Side Price Position
2018-01-05 09:38:28 CREG buy $3.400 long
2018-01-05 09:39:40 CREG sell $3.500 long
2018-01-05 09:39:47 CREG sell $3.460 0


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