ONCY Trade on Mar 3, 2015 09:55 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

I entered on what looked like a quick pullback buy. The stock had broke the VWAP and the 9 EMA at this point making this a lower probability pullback. As the 20 EMA held and the stock made a green candle above the VWAP I entered 1000 shares at 1.30 with a stop at 1.25 with my first target at 1.40. As soon as the stock popped up a bit but began to fade, the pullback had been invalidated and I was thinking it was about to flush. I exited my position at 1.29 just below my entry for a small loss. This would have been an excellent short. I never attempted to because I didn't think Think or Swim would have any borrows available.


Execution detail:

Date/time Symbol Side Price Position
2015-03-03 09:55:57 ONCY buy $1.300 long
2015-03-03 10:02:51 ONCY sell $1.290 0


Comments

March 03, 2015

Love that you had a setup in mind. Maybe it should have been allowed to pullback a bit more to the MA's before entering (still wouldn't have worked anyway) but I think you did a fantastic job of recognizing it's not going and getting out. Kunal shorted this one today. Be great to know why. Suggest you tag this one with "bowsreview".

March 03, 2015

Thank you LHardesty. And definitely, I will add tag.

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