T Trade on Jan 8, 2019 15:01 from MichaelBLe: Tradervue User Stock Trades.

Gravatar

Shared by
MichaelBLe

 

Shares traded: 600
Closed Gross P&L: $273.00

Tags:

Short Rising Wedge

Another RSI divergence... This is indicating slowing momentum while the price is increasing. VZ made a huge run today while T stalled around 31.5 area all day. Forming a rising wedge with a hanging man (red) candle at the top. This will be a nice retrace back to at least 29 level.

TARGET: 29
RISK: 31.5

Stair Step Stops
5m:

https://ibb.co/Nx2h60R

EXIT: Moved my stop in a stair step stop pattern. VERY good discipline yesterday when it was hitting VWAP and refusing to give into my fear. This morning the final stop loss was place just at the HOD. Another stop loss could had been place just at 30 to secure MORE gains... Look to move stops around whole numbers if price action goes through.

5m

https://ibb.co/S5x6kwf

15m
https://ibb.co/QdZ05RJ

Hourly
https://ibb.co/51GT3Sw

Daily
https://ibb.co/9b7jCXM


Execution detail:

Date/time Symbol Qty Price Position
2019-01-08 15:01:55 T -300 $31.155 -300
2019-01-10 11:07:18 T 100 $30.245 -200
2019-01-10 11:07:18 T 100 $30.245 -100
2019-01-10 11:07:18 T 100 $30.245 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