DANG Trade on May 15, 2014 11:09 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear flag

Chased it a bit form the top but it looked like it was going to crack. 1st target was VWAP and it didn't seem it could break it so sold. Got stopped out on final shares.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-15 11:09:10	DANG	sell	$9.710	short
2014-05-15 11:16:51	DANG	buy	$9.550	short
2014-05-15 11:17:10	DANG	buy	$9.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=1000381&end=20140614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=1000381&end=20140515134210&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=1000381&end=20140515114410&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-05-15 18:48:16

What was your risk as reward where covered looked minimal?

jmos_BOWS

2014-05-15 19:21:42

My stop was at 9.85. I was expecting a flush but when I saw it couldn't break down, I was worried that with the uptick rule on this one, it could reverse quickly which it did right after my 1st sell. My R:R was a 1:1 which isn't great, but I had to change plan when it just wouldn't flush at that level and had a lot of resistance.

kunal00

2014-05-17 22:01:48

good entry just sucker didnt go

DANG Trade on May 15, 2014 11:09 from jmos_BOWS: Tradervue User Stock Trades.

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