Shared by:
mirko_BOWS
Picked up the stock on my intraday scan and after gapping up premarket waited for an intraday setup to develop. Entered the trade on a flag breakout and exited early since I had to go out and stop trading.
Now I see what I have left on the table but I am glad I did a decent trade after all in term of spotting the setup and playing it out.
Execution detail:
Comments
mirko_BOWS
Thanks James, appreciate the comment!
Somehow I missed the ZLC completely, had it on my watchlist but simply could not track every single one item on a single laptop screen and in the end got carried away with another obviuosly worse plays :)
NWJames_BOWS
no problem. I missed those plays too :(. Oh, I traded ANAC twice and I forgot. just shared those trades also.
Wes_BOWS
Any reason you did not buy on the pullback, but rather on the rise?
Nape_BOWS
Entry could have been better. $9.37 the break of the 9ema should have been the entry IMO for a decent scalp.
@Wes:
No reason really Wes, I will usually buy it on the pullback but to be honest I missed it this time since I was looking at the time at some other plays and I am on a vacation with one laptop screen so I find it really hard to jump from setup to setup all the time to be honest.
@Nape:
You are right as usually mate, good point. I was even looking at it when it was about to cross over 9EMA underneath but to be honest I thought it will not have enough juice for a decent run up. Obviously I was wrong :)
I guess the same problem was here just like with $SUPN, the stock was simply too extended going from $8.6 to $9.8 in the matter of couple of candles and lost it's juice.
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yea, tough day in market so not too many movers today. On days like this, need to find best setup. ZLC and MNKD were chat room best trades. I also traded ANAC since it was strong in the morning, but only took the 1st pulled back.