Bought BABA while it was trying to bottom under $111. I closed out the original position after we couldnt hold back above $111 for very long then realized that was me playing to tight on a big stock. When it looked like it was holding off the $110.7 area I repurchased those same shares with the original stop under $110.5. It was good that I recognized the mistake and was able to rebuy. I then sold 100 of the 150 shares into $111.8 resistance. It hung around that area for most of the day and I was waiting for upside follow through. When it looked to be setting up and trying for a 3rd attempt above the $112 area I bought back 50 shares. It ended up not working and losing the range so I sold all of it. Good patience on the trade and decent management.
Execution detail:
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!