ESPR Trade on Sep 29, 2015 09:30 from cwainscott_BOWS: Tradervue User Stock Trades.

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cwainscott_BOWS

 

Found this premarket and saw that it was already moving pretty good before the bell. Pulled back to moving averages and pushing heavy red volume. Played the pullbacks.


Execution detail:

Date/time Symbol Side Price Position
2015-09-29 09:30:00 ESPR sell $26.010 short
2015-09-29 10:05:00 ESPR buy $21.820 0
2015-09-29 11:03:00 ESPR sell $22.980 short
2015-09-29 11:38:00 ESPR buy $22.120 0
2015-09-29 12:07:00 ESPR sell $22.510 short
2015-09-29 15:47:00 ESPR buy $18.160 0

Comments

Gravatar alexc2_BOWS
September 29, 2015

cover near 18 so good!

Gravatar cwainscott_BOWS
September 29, 2015

I just let it play out. It was pulling back to the moving averages all day.

Gravatar MAllum_BOWS
September 30, 2015

Do you always analyse the trends premarket to see how the stock is responding to the MAs? Thats a good idea, im going to try to remember to do that. Where was ur stop at 9.30am and how did you know the stock would go down?

Gravatar cwainscott_BOWS
September 30, 2015

Yes I do. I also look at previous trends for the stock as well. Like "how did it respond to previous earning reports?". If the stock has it's moving average above it then I'll usually put the stop above to MA's. In this case it had already peaked and I put my stop near the high for the candle.

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