LULU Trade on Sep 17, 2014 15:35 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

Saw momentum towards previous highs and the pullback/bounce was an indication that the stock could continue to move up. Entered as the stock was broke $44.20 resistance area but it stopped at the new resistance level because that's where the high of the day was. There was a little indecision going on so I waited it out hoping that the stock would break through and create new highs going into the close. However, there wasn't enough volume on the upside to cause a break through. Once the stock dropped back down to my entry I exited. I ended up reversing my position and shorted the stock.


Execution detail:

Date/time Symbol Side Price Position
2014-09-17 15:35:41 LULU buy $44.210 long
2014-09-17 15:45:58 LULU sell $44.200 0


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