PRAN Trade on Nov 18, 2013 10:57 from ckz8780: Tradervue User Stock Trades.

Trendline bounce. This was an experimental play. I saw on the 15 min chart that there was strong support around the $5.40 area so I waited for a flush underneath it and then caught the rebound with a stop under the low. I gave it a 15-20c stop and shot for 30-40c gain. I was able to get almost 30c out of it with relatively little pain so I decided to add after it consolidated at the daily high area in the $5.50-5.60 range, but after it didn't break the consolidation I sold all to protect my profits. All in all a pretty clean trade.

1200 shares
+$208.00 (5.38%)

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-18 10:57:48	PRAN	buy	$5.390	long
2013-11-18 11:57:28	PRAN	buy	$5.680	long
2013-11-18 12:08:56	PRAN	sell	$5.660	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=717379&end=20131218&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=717379&end=20131118160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=717379&end=20131118121456&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-12 02:00:50

Nice reversion buy.

PRAN Trade on Nov 18, 2013 10:57 from ckz8780: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax