Friday, 14 June 2013

$BBRY - Needed a little more wiggle room! Still a good clean play

I didn't really prepare for the market today but yesterday my thoughts were to long $BBRY (Blackberry) for a good long swing trade, right now I am not to sure about that. But I think it'll blow threw 15 today if the markets help it out. Let see.

So I did trade $BBRY Intraday, its a toughy, it is on my "do not trade list" but I liked the clean setup and went for it but didn't go all in.

Here is the trade: Right Click image to see my entry + exits.

I bought 250 shares 14.71 and kept my stop at 14.63 if it went against me. My first profit taking area I wanted it at 14.90's. But $BBRY had a massive reversal, the market was coming down and I didn't like it so I took profits at 14.83.

Entry: 14.71 250 shares
Exit 1: 14.83 100 shares
Exit 2: 14.69 50 shares
Final Exit: 14.63 100 shares

I didn't lose anything on the play, it wasn't a planned play but again I went for the setup, if I had given $BBRY a little more wiggle room I would have still been in the play and so far the highest its been today was 13.93.

Right Click Image, Open in New Tab

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