$38 Profit
INTCLong Stock
Spencerbmatt

Entry comments: Started making a lower higher on May 30th at $19.41. The candle on June 10th told me we are onto something with a volume candle increase. So, I bought above that range set on May 30th. I had a stop loss at $21.78, but it did not execute as the stock dropped too fast passed my stop. I did not sell my shares as I thought well, I will buy lower now to drop my average. That did not happen as I got very lucky on this trade as it went up fast from August 11th to August 15th to new highs.

Exit comments: After the massive move from Aug 11th to Aug 19th it had not done much. I have been up on this trade since Aug 14th and in my entry comments, I was very lucky to be up. Today was the day to take my profits and move on as it has been a very boring stock so far. So, as it broke down, I was ready to cut it.

000

Broker:ETrade
DatePrice
Entry7/16/202522.58
Exit9/12/202524.24
  • Total Views27
  • Position Size23
  • Percentage7.35%
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