Shared by
boldandnuts
Trade#3 for a Bounce
A bounce that didn't really come. When I saw $AAPL find a bid above 190 I opened a starter. $AAPL was still weak and did not lift above 190.50 and finding resistance there.
I stuck with it and when $AAPL dropped hard I added at 189.55 after the reject of 189.30s. A little too soon as $AAPL sold off further into 189 and below before making a pullback. Average at 189.88 on 60 shares and 191 as my target.
Bummer it did not get to my next add at 188.50s.
When 190 showed some reistance I took off half there. $AAPL pulled back for a backside-trade but not as far as I had liked. No add.
Took off the trade into 190.30s missing the 50s as $AAPL was not having the follow through I would have liked seen.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-11-14 10:15:00 | AAPL | buy | $190.209 | long |
| 2018-11-14 10:21:00 | AAPL | buy | $189.550 | long |
| 2018-11-14 10:30:00 | AAPL | sell | $189.980 | long |
| 2018-11-14 10:38:00 | AAPL | sell | $190.330 | long |
| 2018-11-14 10:44:00 | AAPL | sell | $190.340 | 0 |
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!