GOGO Trade on Dec 19, 2013 11:01 from BScripter_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
BScripter_BOWS

 

Flipped around on this one and shorted it as it broke through all MA's and had the 9 EMA curving down over the top. Popped up right after I bought it as it was quite oversold at that point but it looked like it was about to dump so I jumped in and had a loose stop above the VWAP. Ended up dumping and I sold half before my target because it looked like it could squeeze. Unfortunately I had to leave the comp around 1:30 so I sold the rest which caused me to miss the big drop.

Target: 26.25 (Low of the day)
Stop: 26.90 (right above VWAP and Trend Line)
Reward to Risk: 1.7 (a little low however since it had a large gap down the previous day I figured once it dropped, a big flush would follow)


Execution detail:

Date/time Symbol Side Price Position
2013-12-19 11:01:23 GOGO sell $26.660 short
2013-12-19 12:34:07 GOGO buy $26.420 short
2013-12-19 13:28:05 GOGO buy $26.300 0


Comments

2013-12-20 19:08:12
 

Nice.

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in