Tuesday, November 25, 2014

Opened VTAE

After hitting a 20% + swing in VTAE earlier last month, I go back into VTAE for Continuation Anticipation type trade.  The volatility has been squeezed right out of this stock and there were a number of very tight ranged days sitting like ducks in a row.  This is a low low risk set ups as stops can be placed tight.  This type of setup can produce very power bursts. Indeed, I've already caught one in this stock.

Entry: 17.48
Stop: 16.50

I did not trade this with the size that I might otherwise have due to the number of positions I have open right now.  If I close some positions, I very well add on this one. 


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