GMCR Trade on Apr 8, 2014 11:19 from Blake_BOWS: Tradervue User Stock Trades.

my thesis on this stock was that if the market became bullish, which it did for part of the day, the stock would head up to test the 50dma. On a stock like this, it broke that flat top it made by a penny and that's just not enough room for confirmation on a $100 stock. This was a trade that just didn't turn out!

I'm sad that I risked the most of the whole day on this trade because of what I was looking for on it, I thought it could be a huge gain, even if it just went back to test the high of the day.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-08 11:19:50	GMCR	buy	$102.320	long
2014-04-08 11:19:50	GMCR	buy	$102.320	long
2014-04-08 11:19:50	GMCR	buy	$102.320	long
2014-04-08 11:27:16	GMCR	sell	$102.010	long
2014-04-08 11:27:16	GMCR	sell	$102.010	long
2014-04-08 11:27:16	GMCR	sell	$102.020	long
2014-04-08 11:27:16	GMCR	sell	$102.010	long
2014-04-08 11:27:16	GMCR	sell	$102.010	long
2014-04-08 11:27:16	GMCR	sell	$102.010	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=930436&end=20140508&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=930436&end=20140408135216&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=930436&end=20140408160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-04-08 16:00:25

If it were .piercing through the lower bollingerband I would have considered it for a bounce play.

GMCR Trade on Apr 8, 2014 11:19 from Blake_BOWS: Tradervue User Stock Trades.

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