MU Trade on Apr 17, 2014 14:49 from mirko_BOWS: Tradervue User Stock Trades.

Premarket gapper getting over extended on the daily and hitting a big resistance level.

Shorted on the flag breakdown on the 20EMA crack but no go.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:51	MU	sell	$23.865	short
2014-04-17 14:49:52	MU	sell	$23.860	short
2014-04-17 14:49:53	MU	sell	$23.865	short
2014-04-17 15:02:56	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	short
2014-04-17 15:02:59	MU	buy	$23.930	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=945637&end=20140517&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=945637&end=20140417160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-04-18 14:03:21

The volume pattern seem in favor of buyers, so I would have not have taken this short as I would not have thought it would flush that much.

mirko_BOWS

2014-04-21 11:09:21

Thanks Nape, makes sense. Totally overlooked the volume patter in this case, thanks for pointing that out.

MU Trade on Apr 17, 2014 14:49 from mirko_BOWS: Tradervue User Stock Trades.

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