SFUN Trade on Oct 30, 2013 10:39 from tomr_BOWS: Tradervue User Stock Trades.

Daily: 50DMA bounce continuation
Intraday: Bounce play
Entry: $51.12
Stop: $51.85
1st Target: $51.8
Gain: $53 (.52%)
Picked up $SFUN from the BoWS watchlist. Bounced off the 50DMA on previous day and was watching stock for clearing 20DMA at $51.50. Entered trade when stock bounced off the $50 mark and moved above moving averages. Also cleared resistance at $51 from previous day. Sold half at first sign of weakness and moved stop-loss to buy price where I got stopped out. Failed to notice resistance at %51.50 from 3 days ago.

Execution detail:

Date/time Symbol Side Price Position

2013-10-30 10:39:16 SFUN buy $51.120 long

2013-10-30 10:52:00 SFUN sell $51.650 long

2013-10-30 10:56:27 SFUN sell $51.120 0

Date/time	Symbol	Side	Price	Position
2013-10-30 10:39:16	SFUN	buy	$51.120	long
2013-10-30 10:52:00	SFUN	sell	$51.650	long
2013-10-30 10:56:27	SFUN	sell	$51.120	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SFUN&trade=664193&end=20131129&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SFUN&trade=664193&end=20131030132127&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

October 30, 2013

Entry looks chased.

Nape_BOWS

October 31, 2013

Risky play.

kt_mishra_BOWS

October 31, 2013

nicely described! thanks

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SFUN Trade on Oct 30, 2013 10:39 from tomr_BOWS: Tradervue User Stock Trades.

Comments

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