XOMA Trade on Jan 9, 2014 14:45 from BScripter_BOWS: Tradervue User Stock Trades.

Found this one with my top gainers scan as well around 2 after it made big run up. Waited for a pullback...got in on confirmation. I waited to scale out as it didn't make any big pops but was riding my stop up to eliminate some risk. Got out before the market closed.

Stop: 7.84
Target: 8.10

Execution detail:

Date/time Symbol Side Price Position

2014-01-09 14:45:38 XOMA buy $7.940 long

2014-01-09 15:54:53 XOMA sell $8.120 0

Date/time	Symbol	Side	Price	Position
2014-01-09 14:45:38	XOMA	buy	$7.940	long
2014-01-09 15:54:53	XOMA	sell	$8.120	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=XOMA&trade=777899&end=20140208&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=XOMA&trade=777899&end=20140109160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

lafljm_Bows

January 09, 2014

When you say waited for confirmation. What exactly was that for you?

Nape_BOWS

January 09, 2014

Nice entry.

BScripter_BOWS

January 09, 2014

After it hit the high of 8,05 around 2:10 it pulled back to the 9 EMA but broke through it just a little bit so it could have kept dropping however the next candle held the 9 and that was my confirmation that it was likely going to bounce and not keep dropping. I still had my stop a little farther away under the 20 SMA and 20 EMA in case it did drop a little bit more before the pop up. Hope that helps!

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XOMA Trade on Jan 9, 2014 14:45 from BScripter_BOWS: Tradervue User Stock Trades.

Comments

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