Shared by:
youngcb1_BOWS
Lake was extended and I was looking for a parabolic towards the end of day. Surely enough it attempted to reach previous highs and then started to create a clean lower lows lower highs down trend. I entered when it began to rest. I allowed myself 20 cent stop at $23.05 however it went well beyond that. But it showed no signs of an uptrend as it was running down just like spy. Also, this stock has a huge range in price so I allowed myself to take a chance and have a loser stop. I been having disconnecting issues with my platform so I entered at $22.92 while is peaking up but the disconnection caught me at a lower entry for a short. Stock consolidated and dipped down 20 plus cents so I covered some. Anticipating a disconnection I just decided to cover the rest for a decent gain overall. Stock ended up tanking some more and I had a chance to re-enter but I played it safe, took my earnings, and watched the market to learn and see its results.
Execution detail:
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!