SALE Trade on Aug 5, 2014 11:26 from pariscroom1: Tradervue User Stock Trades.

this stock was down a bunch about 20% and I was just watching it on my other screen all day. at around 11:25 I notice that over the last 20mins It just consolidated under 19 and just couldn't get above. Now if it gets above finally, it can shoot straight up about 30cents in a heartbeat so I just started with 1 lot, ten minutes later I added another lot at 18.89 it started to drop to .64 and came back up to .89 then went down to .70 and consolidated again, I gave another lot. It goes down again and comes up for another lower high and I notice that it is stopping at a trendline, so I draw the trendline. the next time it touches the trendline I added another with a tight stop. It dropped all the way to 17.95 and I was up a lot but there was no reason to sell so I didn't. I was still waiting for the trendline break for me to exit. It hurt a little and I ended up giving 40% of my paper profit back but I know it was the right thing to do because if that thing decided to drop to $15 I would of still been in waiting for the trendline to break and making a killing. ONE GOOD TRADE