LABU Trade on Aug 25, 2016 10:52 from Carter_is_the_Man_BOWS: Tradervue User Stock Trades.

I have a habit of taking countertrend plays for some reason? LABU had a large down day yesterday where it broke both the 20 and 200 DMA. This morning it gapped up (as well as many of the other tickers that had big down days yesterday) and flagged while others ran up. I took it long at the VWAP with a stop at 39.50. Price began to move up but didn't touch my initial target (HOD) and pulled back down. I kept moving my stop up, following the bottom trendline until I eventually got stopped out. In hindsight, since I bought fairly close to support, I should've sold some at the breakout spot and then looked for the HOD, but that's why hindsight is 20/20.