Trade Review II - April, 09

Stock Selection Information

No relevant news on the stock.



Watch List Reason - Long term alert above 19.10
Pre-Market Volume - 0.61%
Trading Plan - 15 min. range - Res > 19.1 | Sup < 18.25

Management

Entry Setup used: Open Range at resistance break up


Trading Comments

It was clear the presence of buyers in the tape. Lots of green prints and did not spend much type below 19.10. In fact it was not being able to hold an offer bellow that level. So I got in as it breaks up the open range. First lot was a momentum trade and I held a core for a larger move. 

Evaluation

The trade was good. Entry points and exits. I failed to get back in the stock as it was consolidating above an important resistance. After 10:00 I have to look for this consolidation and start build a position to capture the trend 10:30 to 11:30 trend. 

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