GENE Trade on Jan 29, 2015 15:10 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: Flat bottom breakdown

Stock put in a triple top, unable to break out but it was trading in the range and was really strong all day. when it broke down and bear flagged a bit on the 1mn and big volume came in, I entered on break of round #, thinking the panic will come in and it will finally break the 3.90 level it was holding all afternoon. It flushed, scaled out my position but the thing just wouldn't die and got stopped out on lotto shares at buy price. Was looking for bigger picture move but just didn't happen.

Reasons to sell: flush, buy price

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-29 15:10:13	GENE	sell	$4.000	short
2015-01-29 15:10:32	GENE	buy	$3.920	short
2015-01-29 15:11:49	GENE	buy	$3.870	short
2015-01-29 15:12:48	GENE	buy	$3.750	short
2015-01-29 15:31:26	GENE	buy	$3.980	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GENE&trade=1898432&end=20150228&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GENE&trade=1898432&end=20150129160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GENE&trade=1898432&end=20150129155426&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GENE Trade on Jan 29, 2015 15:10 from jmos_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax