LULU Trade on Dec 11, 2014 09:40 from youngcb1_BOWS: Tradervue User Stock Trades.

On the one minute chart the stock formed a flag. I waited to time it near the lowest support level to minimize my risk. I entered with a mental stop at $50. The stock made multiple attempts to break resistance and finally did after the 9th or 10th attempt. Once the stock broke out I scaled my first half of shares. I let it run to its peak resistance but I didn't scale out because hoping it would be an all day runner. But once it hit a heavy resistance at 52.17 it started to drop down and I eventually exited the rest of my shares.

Execution detail:

Date/time Symbol Side Price Position

2014-12-11 09:40:37 LULU buy $50.210 long

2014-12-11 09:50:56 LULU sell $51.370 long

2014-12-11 10:10:59 LULU sell $51.290 0

Date/time	Symbol	Side	Price	Position
2014-12-11 09:40:37	LULU	buy	$50.210	long
2014-12-11 09:50:56	LULU	sell	$51.370	long
2014-12-11 10:10:59	LULU	sell	$51.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LULU&trade=1613921&end=20150110&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LULU&trade=1613921&end=20141211123059&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LULU&trade=1613921&end=20141211103059&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

December 11, 2014

Nailed that entry.

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LULU Trade on Dec 11, 2014 09:40 from youngcb1_BOWS: Tradervue User Stock Trades.

Comments

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