MCP Trade on Jan 2, 2014 10:57 from Rashod81_BOWS: Tradervue User Stock Trades.

I entered this one after the flag break out on rel high volume. Started noticing is was only moving a few cents at a time, so I checked the float. It was high, so I figured I'd at least get a Happy Meal out of it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-02 10:57:49	MCP	buy	$5.949	long
2014-01-02 10:57:49	MCP	buy	$5.950	long
2014-01-02 10:57:49	MCP	buy	$5.950	long
2014-01-02 11:10:36	MCP	sell	$5.960	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MCP&trade=764807&end=20140201&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MCP&trade=764807&end=20140102133536&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MCP&trade=764807&end=20140102120636&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-01-03 00:04:46

NO flag. we need to go back here and remember flags literally look like a Flag

Rashod81_BOWS

2014-01-03 18:10:46

Lol, you don't say? Right before 11am on the 5min chart it based and consolidated with resistance overhead; it looked like a flag to me. Good thing it wasn't another one of those low-float stocks then.

kunal00

2014-01-06 00:10:05

hey bro. can u clarify what that means? " Lol, you don't say? Right before 11am on the 5min chart it based and consolidated with resistance overhead; it looked like a flag to me. Good thing it wasn't another one of those low-float stocks then.'

thanks! also the stock had already gone up for 4 straight candles so there can't be a flag. and on 5 minute chart I'm not sure i see any flag pole. 1pm there was a flag pole

MCP Trade on Jan 2, 2014 10:57 from Rashod81_BOWS: Tradervue User Stock Trades.

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