CCIH Trade on Feb 18, 2014 12:59 from Spartan_Trader: Tradervue User Stock Trades.

Heard Kunal call out this stock. It was consolidating on low volume after a morning run. It was tapping hod at 17.35 on the 5 min, ema's tightening providing support. Placed stop .22 cents away at 17.12 below consolidation level.
Sold first half into the pop and other 1/2 sold for a 1:2
I should have held on to the remaining position instead, as it did not violate the ema's.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-18 12:59:37	CCIH	buy	$17.340	long
2014-02-18 12:59:44	CCIH	buy	$17.290	long
2014-02-18 13:14:22	CCIH	sell	$17.670	long
2014-02-18 13:44:16	CCIH	sell	$17.860	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CCIH&trade=846727&end=20140320&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CCIH&trade=846727&end=20140218160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Gena_BOWS

2014-02-19 07:35:00

Pretty entry! Agree with that first scale out. Should have left the remaining with a stop at your buy price. May have sold 2nd piece closer to 18 or just over 18.

CCIH Trade on Feb 18, 2014 12:59 from Spartan_Trader: Tradervue User Stock Trades.

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