BYD Trade on Mar 11, 2014 11:07 from chrisconnelly3: Tradervue User Stock Trades.

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chrisconnelly3

 

tried what i thought is one of my best goto setups the triple tap bo and this one looked clean and had nice gap up on daily 100 shares, but no go fake out and then chopfest.. just the luck of the draw...? i cant not take that setup.. vol was good and everything? -$22 half pos


Execution detail:

Date/time Symbol Side Price Position
2014-03-11 11:07:52 BYD buy $14.040 long
2014-03-11 11:20:13 BYD sell $13.821 0


Comments

2014-03-11 16:07:33
 

Resistance on daily chart held it back.. http://screencast.com/t/6BC0ijqz0P

Gravatar Sayed
2014-03-11 19:17:35
 

Couple of things. BYD is not momo play like small bios.With that gap , it kind of exhaust the move.

2014-03-11 23:01:52
 

Ohh gotcha ok, but what criteria constitutes a stock being a momentum play?

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