Entered the stock on the 9EMA pullback after a strong run up. It was an orderly pullback on lower volume I though it would hold but no go. Exited once it broked down the 9EMA.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-10 14:31:14 | CLVS | buy | $74.010 | long |
2014-01-10 14:58:34 | CLVS | sell | $73.550 | long |
2014-01-10 14:58:34 | CLVS | sell | $73.550 | 0 |
Not sure why but I thought a pullback to the 9EMA could give it some rest and could be ready for another run - big mistake.
Thanks for the comment Nape, much appreciated!
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!
Look at the run it just had though. You want to see it puuuuuullllback and base out a bit for the next leg up.