XON Trade on Nov 11, 2014 15:27 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

The first flag broke upwards after hitting resistance at $23. I wasn't able to catch the stock that early but I thought there would be some opportunities to enter during a pullback. I entered a long position during a potential pullback play and the stock never spiked back up. I had a market stop order place and I got stopped out as the stock continued to drop down further.

The best entry would've been to catch it during the flag. I should've looked for other stocks and left this one alone since I missed the first and second opportunity.


Execution detail:

Date/time Symbol Side Price Position
2014-11-11 15:27:37 XON buy $23.890 long
2014-11-11 15:35:17 XON sell $23.720 0


Comments

Gravatar kunal00
November 12, 2014

You miss this one getting in stock last 1015 minutes of the day is only worthwhile if you're planning on holding it for a swing overnight not to mention the pullback that you bought is not really a pattern

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