AMBA Trade on Oct 1, 2013 14:53 from charlesk_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
charlesk_BOWS

 

Jumped in on the triple tap flat top breakout with a stop at the previous low. Finally stopped at 20.50. in hindsight I think I should have waited for the confirmation it was going to hold the breakout before buying. Once the confirmation is there then the stop is right below the breakout instead of way down the price like I had it.


Execution detail:

Date/time Symbol Side Price Position
2013-10-01 14:53:00 AMBA buy $20.860 long
2013-10-01 15:21:00 AMBA sell $20.512 0


Comments

October 01, 2013

chase it

October 01, 2013

Do you mean I should have been closer to the 20.8 exact breakout? what about my theory of waiting for the pullback and bounce to confirm?

October 01, 2013

easy money was already over with, so i would have entered around .75ish with a stop at .70 to limit risk if was going to play triple tap... but you almost had it.. it wasnt a bad attempt by any means imo.

October 01, 2013

ah ok. so enter in actually before the break, anticipating it, and then selling off after the initial punch through. interesting. ok.

Gravatar kunal00
October 01, 2013

this stock already made a move the odds of a stock ripping 10-20% with no pr or no catalysts are very small. the technical move was made and the action was great in the morning.. fightitng for screaps by the end.

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!

View plans, Sign up for free, or Log in