SFUN Trade on Feb 6, 2014 10:47 from EL_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
EL_BOWS

 

Not SoFun. One day I'll learn that after it's gone, it's gone, and I shouldn't chase the extended stocks. And another day I'll stop selling at the absolute low point.

Bought because it looked like the break of a flag with the MAs riding underneath. Rolled over and sold at the very bottom.


Execution detail:

Date/time Symbol Side Price Position
2014-02-06 10:47:52 SFUN buy $75.740 long
2014-02-06 10:56:13 SFUN sell $75.200 0


Comments

2014-02-06 19:28:20
 

It already ran from 72 to 76. Not likely the stock will have another big run. Easy money was over. Also no daily setup or catalyst.

2014-02-06 20:04:50
 

I agree. Be cautious with stocks after a huge run up in the morning. Also, look at the average daily range to get an idea of how far a stock can go. I've also found that looking at the intraday charts from previous big run days give an indication of how the stock may/ may not move.

Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in