PNK Trade on Mar 12, 2014 09:53 from jmoscate_BOWS: Tradervue User Stock Trades.

Play: Day long consolidation

It was consolidating all day yesterday. Got in once it broke and sold at previous day's high (1st target). Tried adding again as it was stalling but it didn't break out. Final shares stopped out once it broke the 9ema.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-12 09:53:35	PNK	buy	$25.850	long
2014-03-12 09:53:35	PNK	buy	$25.850	long
2014-03-12 09:53:38	PNK	buy	$25.840	long
2014-03-12 10:08:26	PNK	sell	$26.100	long
2014-03-12 10:37:40	PNK	buy	$26.630	long
2014-03-12 10:43:50	PNK	sell	$26.600	long
2014-03-12 11:35:56	PNK	sell	$26.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PNK&trade=886895&end=20140411&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PNK&trade=886895&end=20140312133056&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-03-12 23:14:27

NICE!

mirko_BOWS

2014-03-13 03:45:15

Nicely played!

The only thing I don't think was that great is that 2nd buy since you bought it when it became way overextended intraday and reached big resistance level on the daily but still - nice one mate!

jmoscate_BOWS

2014-03-13 07:17:13

I agree mirko. If anything, I should have waited for it to flag a bit and consolidate in order to add some more. Not sure what I was thinking. Thanks for reinforcing it!

mirko_BOWS

2014-03-13 09:11:14

No worries mate, that's why we are here to help each other since we all go through the same sh*t :)

PNK Trade on Mar 12, 2014 09:53 from jmoscate_BOWS: Tradervue User Stock Trades.

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