GTAT Trade on Jul 29, 2014 11:06 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear flag

Looked weak right away, bounced and flushed on heavy volume. Either news or something was up so waited to pullback to the VWAP and 9ema. Got in after the confirmation candle.

Bad discipline in this trade. Sold a few pennies too fast. Initial first target was 13.81 but raised it. Also cheated on 2nd target by a couple pennies but didn't have a real reason to sell so should have held on longer.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-29 11:06:01	GTAT	sell	$13.990	short
2014-07-29 11:17:18	GTAT	buy	$13.860	short
2014-07-29 11:33:54	GTAT	buy	$13.670	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1214687&end=20140828&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1214687&end=20140729135354&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GTAT&trade=1214687&end=20140729115454&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-07-29 17:52:29

That's HOT!!!!

Nape_BOWS

2014-07-29 18:16:27

Nice play.

jmos_BOWS

2014-07-29 19:29:07

Thanks! Still think I could have squeezed out a few more pennies by being disciplined.

GTAT Trade on Jul 29, 2014 11:06 from jmos_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax