SOHU Trade on Feb 28, 2014 14:35 from Spartan_Trader: Tradervue User Stock Trades.

Entry: 84.15
Stop: didn't place a hard stop, spread was huge.
Shares: 150
Found this stock while scanning for 4% B/O's. I was watching it coiling below hod. I got in 3 pennies below hod. Sold 1/2 position into pop for .27c and let the remaining ride. Got out late, I kept thinking it was going to resume the higher lows. Also, during the trade I didn't notice it was reacting better to the 20ema as support.
P&L: $+.75

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-28 14:35:16	SOHU	buy	$84.150	long
2014-02-28 14:45:01	SOHU	sell	$84.420	long
2014-02-28 15:06:16	SOHU	sell	$83.890	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SOHU&trade=862589&end=20140330&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SOHU&trade=862589&end=20140228160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-03-01 09:49:34

Overbought daily chart. The time to play this and get explosive gains out of it was the previous day.

SOHU Trade on Feb 28, 2014 14:35 from Spartan_Trader: Tradervue User Stock Trades.

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