VOXX Trade on Oct 10, 2013 13:11 from tomr_BOWS: Tradervue User Stock Trades.

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tomr_BOWS

 

Daily setup: Flat top b/o
Intraday setup: flag b/o
Entry: $14.29 (400 shares)
Stop: $14.15
1st target: $15.00 (previous high)
P/L: -$59
picked up $VOXX during a mid-day breakout scan for a flat-top b/o at $14.00. Waited for intraday setup in the afternoon. Took the trade when flag got broken and stock bounced off 9EMA. Got stopped out within three candles as there was not enough volume coming in to push the stock upwards.


Execution detail:

Date/time Symbol Side Price Position
2013-10-10 13:11:53 VOXX buy $14.290 long
2013-10-10 13:12:00 VOXX buy $14.290 long
2013-10-10 13:12:00 VOXX buy $14.290 long
2013-10-10 13:12:01 VOXX buy $14.300 long
2013-10-10 13:22:53 VOXX sell $14.150 long
2013-10-10 13:23:36 VOXX sell $14.135 long
2013-10-10 13:23:36 VOXX sell $14.150 long
2013-10-10 13:23:36 VOXX sell $14.150 0

Comments

Gravatar Nape_BOWS
October 11, 2013

Low volume stocks can be tricky to trade as they don't have a lot of momo

Gravatar bgrothuesBOWS
October 11, 2013

Too extended by that point and volume was not coming in.

Gravatar markmandy54_BOWS
October 11, 2013

Looked like a good attempt as 14 was that daily B/O.

Gravatar Gena_BOWS
October 13, 2013

With the mkt the way it's been, b/o's are not going as fast and far as before - it seems to me anyway. It b/o on Thursday - that was the easy money day. After two solid green days, it was risky to enter this one, esp after such a big intra-day run up too.

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