ACHN Trade on Nov 10, 2014 11:25 from andrewb_bows: Tradervue User Stock Trades.

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andrewb_bows

 

ACHN was strong and the daily was pushing out of a large flag after explosive up move. The stock had hit a high of $12.75 and was pulling back today. I wanted to take it on a support, or ma after it showed it was trying to base and break the 5 min. downtrend. The stock was flattening at $12.2 and I was anticipating it would wash that support to then quickly regain. I longed it off of $12.07 with the intention of .10 stop and I had confirmation when it jumped back in to the $12.15-$12.25 range. I sold half in to the next resistance which was $12.4 and my stop moves to even. The next sale was on the following spike after it flagged in that range at $12.58. Now the last 100 shares could trail and trend for day or sell through highs. My intention was to sell through highs with stop at $12.3 but I had to leave for work so ended up selling at $12.44. The stock later did spike through the highs and I would have been taken out. I think it was a great trade after my early morning decision making wasnt the best but keeping composure and scaling appropriately.


Execution detail:

Date/time Symbol Side Price Position
2014-11-10 11:25:15 ACHN buy $12.068 long
2014-11-10 11:25:15 ACHN buy $12.080 long
2014-11-10 11:25:15 ACHN buy $12.080 long
2014-11-10 11:33:46 ACHN sell $12.340 long
2014-11-10 12:01:43 ACHN sell $12.581 long
2014-11-10 12:27:27 ACHN sell $12.460 0


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