ITMN Trade on May 16, 2014 12:24 from mirko_BOWS: Tradervue User Stock Trades.

Oh boy, I had this one. Had the perfect idea, was in the right place at the right time and bought on the break of the 9EMA going for a squeeze zone play since the stock reched the 20SMA support on the daily but decided to bail out once it pulled back to the previous LOD thinking it might flush instead.

I even had my stop loss at the right place around $33 which would never got activated, bad judgement on this one unfortunatelly. And then it formed perfect 1-2-3 reversal play which I missed of course.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-16 12:24:56	ITMN	buy	$33.250	long
2014-05-16 12:24:56	ITMN	buy	$33.250	long
2014-05-16 12:24:56	ITMN	buy	$33.250	long
2014-05-16 12:24:56	ITMN	buy	$33.250	long
2014-05-16 12:24:56	ITMN	buy	$33.250	long
2014-05-16 13:00:46	ITMN	sell	$33.170	long
2014-05-16 13:00:46	ITMN	sell	$33.170	long
2014-05-16 13:00:46	ITMN	sell	$33.170	long
2014-05-16 13:00:46	ITMN	sell	$33.170	long
2014-05-16 13:00:46	ITMN	sell	$33.170	long
2014-05-16 13:00:46	ITMN	sell	$33.170	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ITMN&trade=1003011&end=20140615&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ITMN&trade=1003011&end=20140516160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jschrager23_BOWS

2014-05-17 10:06:08

another perfect 1,2,3 double bottom play my friend! i saw this one after the fact yesterday and I loved it , sometimes in the heat of battle we may not notice this

ITMN Trade on May 16, 2014 12:24 from mirko_BOWS: Tradervue User Stock Trades.

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