Shared by
Rashod81_BOWS
This was an ugly entry. It's mighty funny how things look so clear from this vantage point...
Trading these stocks are like trying to catch a fish bare-handed with vaseline on your palms!
Please don't ask why vaseline is on my palms...
Got into this one after what I though was a pull back B/O. Held on to my position and got what I could.
Arghh! I was watching CUDA because of the kind of moves this thing makes. I got in after I saw it basing and consolidating, with heavy buyers mind you. But as soon as I saw it turn against me I jumped ship. Actually, I set me stop underneath the level it was basing. Good thing too.
The daily chart did not show any indications that this play would work. However, as I was watching the volume I saw more buyers coming in and saw it break above the 9EMA on the 5 min so took a shot at a break out at the end of the day.
This was more of a curiosity play. Due to the highly volatile nature of this stock I entered very light just in case. I didn't know which way it would go due to its formation, but I just wanted to see.
P&L -$23; Commission $2.00; Satisfying my curiosity and gaining more experience... you guessed it...PRICELESS!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-31 09:42:54 | CUDA | buy | $37.242 | long |
| 2013-12-31 09:43:56 | CUDA | buy | $37.030 | long |
| 2013-12-31 09:43:58 | CUDA | buy | $37.300 | long |
| 2013-12-31 09:44:02 | CUDA | buy | $37.000 | long |
| 2013-12-31 09:44:02 | CUDA | buy | $37.000 | long |
| 2013-12-31 09:44:43 | CUDA | sell | $36.550 | long |
| 2013-12-31 09:44:43 | CUDA | sell | $36.720 | long |
| 2013-12-31 09:44:43 | CUDA | sell | $36.550 | long |
| 2013-12-31 09:44:43 | CUDA | sell | $36.550 | long |
| 2013-12-31 09:44:43 | CUDA | sell | $36.550 | long |
| 2013-12-31 09:44:50 | CUDA | sell | $36.500 | 0 |
| 2013-12-31 13:37:32 | CUDA | buy | $38.420 | long |
| 2013-12-31 13:37:32 | CUDA | buy | $38.420 | long |
| 2013-12-31 13:37:38 | CUDA | buy | $38.370 | long |
| 2013-12-31 13:37:46 | CUDA | buy | $38.370 | long |
| 2013-12-31 13:37:59 | CUDA | buy | $38.348 | long |
| 2013-12-31 13:37:59 | CUDA | buy | $38.345 | long |
| 2013-12-31 13:37:59 | CUDA | buy | $38.345 | long |
| 2013-12-31 14:06:35 | CUDA | buy | $38.850 | long |
| 2013-12-31 14:06:35 | CUDA | buy | $38.850 | long |
| 2013-12-31 14:06:39 | CUDA | buy | $38.850 | long |
| 2013-12-31 14:06:39 | CUDA | buy | $38.842 | long |
| 2013-12-31 14:15:20 | CUDA | sell | $39.380 | long |
| 2013-12-31 14:15:20 | CUDA | sell | $39.530 | long |
| 2013-12-31 14:15:23 | CUDA | sell | $39.439 | long |
| 2013-12-31 14:15:30 | CUDA | sell | $39.490 | long |
| 2013-12-31 14:16:33 | CUDA | sell | $39.200 | long |
| 2013-12-31 14:16:47 | CUDA | sell | $39.145 | long |
| 2013-12-31 14:16:53 | CUDA | sell | $39.190 | long |
| 2013-12-31 14:16:57 | CUDA | sell | $39.120 | long |
| 2013-12-31 14:17:04 | CUDA | sell | $39.160 | long |
| 2013-12-31 14:17:04 | CUDA | sell | $39.120 | long |
| 2013-12-31 14:17:06 | CUDA | sell | $39.120 | 0 |
| 2013-12-31 14:48:39 | CUDA | buy | $39.650 | long |
| 2013-12-31 14:48:41 | CUDA | buy | $39.561 | long |
| 2013-12-31 14:48:41 | CUDA | buy | $39.565 | long |
| 2013-12-31 14:48:41 | CUDA | buy | $39.560 | long |
| 2013-12-31 14:48:41 | CUDA | buy | $39.525 | long |
| 2013-12-31 14:48:42 | CUDA | buy | $39.525 | long |
| 2013-12-31 14:48:42 | CUDA | buy | $39.520 | long |
| 2013-12-31 14:48:42 | CUDA | buy | $39.380 | long |
| 2013-12-31 15:14:19 | CUDA | sell | $39.350 | long |
| 2013-12-31 15:14:47 | CUDA | sell | $39.334 | long |
| 2013-12-31 15:14:47 | CUDA | sell | $39.365 | long |
| 2013-12-31 15:14:47 | CUDA | sell | $39.365 | long |
| 2013-12-31 15:14:48 | CUDA | sell | $39.330 | long |
| 2013-12-31 15:14:48 | CUDA | sell | $39.330 | 0 |
| 2014-01-02 09:45:43 | CUDA | buy | $41.100 | long |
| 2014-01-02 09:45:43 | CUDA | buy | $41.190 | long |
| 2014-01-02 09:45:43 | CUDA | buy | $41.200 | long |
| 2014-01-02 09:45:43 | CUDA | buy | $41.110 | long |
| 2014-01-02 09:45:44 | CUDA | buy | $41.110 | long |
| 2014-01-02 09:45:44 | CUDA | buy | $41.110 | long |
| 2014-01-02 09:45:44 | CUDA | buy | $41.230 | long |
| 2014-01-02 09:45:45 | CUDA | buy | $41.100 | long |
| 2014-01-02 09:46:54 | CUDA | sell | $41.100 | long |
| 2014-01-02 09:46:54 | CUDA | sell | $41.100 | long |
| 2014-01-02 09:46:54 | CUDA | sell | $41.100 | long |
| 2014-01-02 09:46:55 | CUDA | sell | $41.100 | long |
| 2014-01-02 09:46:55 | CUDA | sell | $41.100 | long |
| 2014-01-02 09:46:55 | CUDA | sell | $41.070 | long |
| 2014-01-02 09:46:55 | CUDA | sell | $41.060 | long |
| 2014-01-02 09:46:55 | CUDA | sell | $41.060 | 0 |
| 2014-01-08 15:17:55 | CUDA | buy | $38.000 | long |
| 2014-01-08 15:18:05 | CUDA | buy | $37.940 | long |
| 2014-01-08 15:18:05 | CUDA | buy | $37.940 | long |
| 2014-01-08 15:18:11 | CUDA | buy | $37.960 | long |
| 2014-01-08 15:18:23 | CUDA | buy | $37.965 | long |
| 2014-01-08 15:27:18 | CUDA | sell | $37.810 | long |
| 2014-01-08 15:27:37 | CUDA | sell | $37.860 | long |
| 2014-01-08 15:27:40 | CUDA | sell | $37.810 | long |
| 2014-01-08 15:27:40 | CUDA | sell | $37.810 | 0 |
| 2014-01-14 10:40:34 | CUDA | buy | $35.590 | long |
| 2014-01-14 10:52:39 | CUDA | sell | $35.360 | 0 |
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