SIMO Trade on Jan 28, 2014 10:03 from EL_BOWS: Tradervue User Stock Trades.

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EL_BOWS

 

Trying for an ORB here. Strong open, gapped up, lots of volume. No go. Stop was too loose, but the tiny volume on the pullback made me think the dip would get bought. Sold as it broke price support and the 9EMA.


Execution detail:

Date/time Symbol Side Price Position
2014-01-28 10:03:25 SIMO buy $16.920 long
2014-01-28 10:54:22 SIMO sell $16.620 0


Comments

Gravatar BlacktieTrader
2014-01-28 18:45:50
 

I also was watching this one, looked a little extended at that point, already up a dollar, and really needed to come in and test those averages before going further....

Gravatar Sayed
2014-01-28 19:42:56
 

As always be wary of gap up days and high flag like this.

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