CPB Trade on May 18, 2018 09:58 from thirdtimesthecharm39249834: Tradervue User Stock Trades.

After failing to break down from the big bid setup, CPB reclaimed the 34.50 level and even retested it without breaking. It appeared to be curling up and a lot of shorts were probably piled in, so when I spotted a tight R:R setup to get long, I did. Could have added more shares as conviction grew but aired on the side of caution as I had already taken two scratches previously in this ticker. I took partials once I was up nicely and it started hitting some sellers, then took more off before the 35 break. I kept my stop for the last 1/4 at 34.70 but in hindsight, breakeven would have been better since it naturally needed to retest the breakout level, 34.60. I was stopped out of the rest and it went on to break 35. Next time I will give it a little more room and add in when conviction grows/take more shares initially since I was only risking 7c (34.49).


Execution detail:

Date/time Symbol Side Price Position
2018-05-18 09:58:21 CPB buy $34.560 long
2018-05-18 10:02:26 CPB sell $34.830 long
2018-05-18 10:03:52 CPB sell $34.940 long
2018-05-18 10:11:58 CPB sell $34.700 0


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