ELTK Trade on Nov 27, 2013 09:33 from joshua02194: Tradervue User Stock Trades.

ELTK appeared on the premarket gainers list good news:

http://seekingalpha.com/article/1861071-eltek-ltd-a-1-5-stock-poised-to-climb-higher?source=yahoo

Waited for price to break the high of the 3min opening range and entered but price reversed direction after 4mins. Held the losing position for too long because betting that price will
bounce higher at around 3.60...was wrong and exited near 3.4 which was the low of the opening
price range. Need to monitor price breakouts carefully and exit immediately as they tend to fail...

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-27 09:33:41	ELTK	buy	$3.795	long
2013-11-27 09:46:43	ELTK	sell	$3.429	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ELTK&trade=733102&end=20131127160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ELTK&trade=733102&end=20131127101243&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ELTK&trade=733102&end=20131127104243&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ELTK&trade=733102&end=20140426&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ELTK Trade on Nov 27, 2013 09:33 from joshua02194: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax