KNDI Trade on Nov 18, 2013 12:39 from charlesk_BOWS: Tradervue User Stock Trades.

stop 7.34

triple tap but a chase and as with every single trade today as soon as I entered it reversed.

as I'm listening to a class replay, a nugget I wrote down is when Kunal says a lunchtime flag breakout is a suckers bet...

apparently I'm a sucker.. something to work on.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-18 12:39:52	KNDI	buy	$7.440	long
2013-11-18 12:39:52	KNDI	buy	$7.440	long
2013-11-18 12:39:52	KNDI	buy	$7.440	long
2013-11-18 13:17:44	KNDI	sell	$7.330	long
2013-11-18 13:17:45	KNDI	sell	$7.330	long
2013-11-18 13:17:45	KNDI	sell	$7.310	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=717088&end=20131218&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=717088&end=20131118160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=717088&end=20131118160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=717088&end=20131118140545&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

mirko_BOWS

2013-11-18 16:27:59

Yep, you chased it and it had a resistance level overhead around $7.50 so not much upside potential. Damn it, it was quite a nice short later on!

iStryker_BOWS

2013-11-18 16:28:30

You chased it, thats for sure. I would've entered it @ 7.35 on a 9ema bounce play betting that would breakthrough on the third try.

Your stop price wasn't too bad to start off with, but look at the 5 min chart. On the way up it was constant bounces off of the 9ema. After you bought, it was tap, tap, tap, tap, breakdown. I would've sold it @ 7.39. Plus 7.40 was your support.

Nape_BOWS

2013-11-18 16:51:49

Bit high on entry.

JayThomas_BOWS

2013-11-18 17:20:37

Just curious Charles. How did you find those four stocks to enter today. KNDI was a good one.

Sayed

2013-11-18 19:12:32

I took this trade 7.40, sold 7.37. 15 min chart was extended so bailed out.

charlesk_BOWS

2013-11-18 21:21:38

Jay I watch KNDI regularly. I like it for whatever reason. The setup of the triple tap with the MA squeeze is something I've been working on. Would love to determine if there is a way to write code for a scan to find them.

markmandy54_BOWS

2013-11-18 22:59:24

The daily doesn't look that sexy as has a lot of overhead supply

JayThomas_BOWS

2013-11-19 16:32:06

Charles,

Maybe u can find someone to code on TC2000. Places like fiverr.com have programmers. Good luck. Also, stockfetchers.com has a 5 day free trial and they have all kinds of canned codes.

KNDI Trade on Nov 18, 2013 12:39 from charlesk_BOWS: Tradervue User Stock Trades.

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