Everyon in the Twittersphere was talking about this thing breaking $5.85 and going nuts. Got in on a pull back after it popped above the HOD of $5.81 and waited and waited while it screwed around under the high. Finally sold flat right before the close and right before it popped up to $5.86.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-21 14:40:40 | STXS | buy | $5.800 | long |
2014-01-21 15:58:23 | STXS | sell | $5.800 | 0 |
Let me ask you this.. If a stock is paraobolic as it is breaking out, would you buy it and would you consider that a setup?
My point is just because a stock is breaking out does not mean it is a buy. You have to have a good setup behind it, to make it worth buying. Just trying to help.
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!
Not seeing your setup on entry.