Shared by
jmos_BOWS
Play: Flag
Stock held on the 30mn chart beautifully, couldn't flush as there were a lot of shorts in it. The volume wasn't great at first but when it ran to 52 highs and flagged right under, I expected a flush but when it held the ema's and started going, I went in thinking it would go. Sold into spikes but pretty pissed I left +1$ on the table. I traded what I thought and not with what I saw. Thought a double top was going to come at my last sell which is why I sold but it just ripped right through. Signs were that it wasn't flushing during lunch even on high volume, should have known better and have waited to at least 11. Damn!
Reasons to sell: spikes
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-19 11:49:22 | CUBA | buy | $10.000 | long |
| 2014-12-19 11:49:42 | CUBA | sell | $10.140 | long |
| 2014-12-19 11:50:20 | CUBA | sell | $10.290 | long |
| 2014-12-19 12:13:37 | CUBA | sell | $10.450 | long |
| 2014-12-19 12:42:54 | CUBA | sell | $10.780 | 0 |
Comments
jmos_BOWS
It definitely was but it was lunch time so didnt expect that type of move and i like to take small piece off to minimize risk in case it is a fake breakout.
Nape_BOWS
kunal00
heheh man thats nice entry! great job bro
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Like that entry . First sell is bit premature.
http://screencast.com/t/gDERUZ6dTaU