SGMO Trade on Feb 22, 2018 14:35 from Money_maker2828: Tradervue User Stock Trades.

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Money_maker2828

 

Price had been down trending from intraday high of 27.50 and I missed the entry. As such, had to wait for a pullback to either VWAP or 50ema (on the 1 min chart) before considering another short entry.

Saw the temporary spike up above VWAP and immediate rejection on the next candle thus triggering my short entry at 26.35. SL 26.60. Price consolidated for some time (while remaining below the 50ema).

Took first partial too early due to price approaching recent support @ 28.80. Should have either: 1) Taken a small partial 150-200 shares or 2) Have been more patient as price continued to stay under the 13ema so there was no need to consider taking any profits yet.

OK final exit of trade @25.30 as price bottomed out @24.80 so I left $0.50 on the table. Exited the trade because the stock looked very extended and was consolidating and forming support @ 25.10. Overall, OK trade but could have been more patient.


Execution detail:

Date/time Symbol Side Price Position
2018-02-22 14:35:28 SGMO sell $26.350 short
2018-02-22 14:58:58 SGMO buy $25.900 short
2018-02-22 15:13:48 SGMO buy $25.300 0


Comments

2018-02-26 20:25:43
 

That's a good trade! I wanted to short it as well, but got sidetracked

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