JUNO Trade on Mar 19, 2015 11:59 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

Biotech stocks were flying but I couldn't see an entry in this where my risk was managed until it started to pullback. I could have went long on the flag just below 56.00 but I missed it. While the stock was pulling back to the 20 EMA I waited for a green candle to enter. I went long 100 shares at 56.89 with a stop at 55.95. In hindsight I could have tightened my stop here but I was thinking it may pullback deeper. When the stock broke above the EMAs I should have been adding here, as my risk was a lot lower with a stop just below. I stuck with my position and began scaling out while it was nearing its HOD. I sold 50 shares at 58.68 and held on a bit longer for it to make new highs and sold another 25 at 59.20. I waited to see if it would continue but when it broke back below the 9 EMA I sold off my remaining 25 shares at 58.83. It broke below the 20 EMA for a hot second and then broke back above again. I should have been longing again here as this was a very bullish sign. Most of the time I make one or two trades in a stock and am content but in this case (and many other of my past trades) there was multiple opportunities to enter or add to my position to go for the bigger gains.


Execution detail:

Date/time Symbol Side Price Position
2015-03-19 11:59:51 JUNO buy $56.890 long
2015-03-19 12:33:23 JUNO sell $58.680 long
2015-03-19 12:44:39 JUNO sell $59.200 long
2015-03-19 13:07:08 JUNO sell $58.830 0


Comments

Gravatar kunal00
March 20, 2015

Great job

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