NKE Trade on Dec 21, 2018 09:42 from ephraim_elston: Tradervue User Stock Trades.

Gravatar

Shared by
ephraim_elston

 

Typically an A+ setup...Catalyst Play - Strong Earnings beat... BUT we are in a bearish market conditions where earnings beats have just been sell the news events and that means follow through on a large gap up is much less likely to happen... so didn't have high conviction on this one and sized down accordingly... also I didn't give it too much wiggle room to the downside.
Also, overhead resistance on daily chart was likely limiting RR to the upside.


Execution detail:

Date/time Symbol Side Price Position
2018-12-21 09:42:13 NKE buy $73.550 long
2018-12-21 09:47:21 NKE sell $73.500 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!

View plans, Sign up for free, or Log in