ALIM Trade on Jan 17, 2014 10:18 from kt_mishra_BOWS: Tradervue User Stock Trades.

Entry: First Pullback to MA. Bought shares as price went over 9EMA.
Exit: Raised my stop after it ran in to resistance at 8.2, and got stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-17 10:18:15	ALIM	buy	$7.850	long
2014-01-17 11:16:45	ALIM	sell	$8.010	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ALIM&trade=794067&end=20140216&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ALIM&trade=794067&end=20140117132645&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-01-17 18:16:22

Even though it worked, there is no 1st pull back EMA after stock has been running for 7 days.

singham_BOWS

2014-01-17 18:54:54

@Sayed could you clarify? Isn't first pullback to 9ema strictly an intraday setup after big morning run. Or is it only valid during initial breakout period?

Sayed

2014-01-18 09:51:07

Well it works better on fresh 1st or 2nd day run.

kt_mishra_BOWS

2014-01-19 11:04:29

Thanks @sayed @singham_bows!

kunal00

2014-01-19 14:24:12

this stock is a rubberband setup on daily... only looking for short

kt_mishra_BOWS

2014-01-19 22:13:39

Thanks for the review, @kunal00! I had it on my list of shorts, but after seeing it run the way it did, I thought it had some steam left in it to run long. I'll make a mental note of this. Thanks again!

ALIM Trade on Jan 17, 2014 10:18 from kt_mishra_BOWS: Tradervue User Stock Trades.

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