BOFI Trade on Aug 29, 2016 14:00 from TomB_BOWS: Tradervue User Stock Trades.

Parabolic and overbought on the daily. Extended going into highs on the intraday. Shorted at the top but never really made the move down I was looking for. Covered at the eod right before market closed.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-08-29 14:00:28	BOFI	sell	$23.130	short
2016-08-29 15:59:17	BOFI	buy	$22.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BOFI&trade=4811047&end=20160928&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BOFI&trade=4811047&end=20160829160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

acelaw2000_BOWS

2016-08-30 00:23:22

I concentrate on the round number entry spots on these type of plays. meaning this is a great setup at the 23.0 mark for tomorrow

your play was perfect off the previous days high...this stock was a grinder here...stay with this one tomorrow and short again

TomB_BOWS

2016-08-30 08:19:01

You are very right that 23 level was being stubborn. That morning flush it had probably took out a lot of sellers but good call. I will be looking at this for a green to red type move tomorrow. Thanks

BOFI Trade on Aug 29, 2016 14:00 from TomB_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax