Play: Bear flag
Gapped up but was weak right from the open then consolidated, couldn't break above VWAP. It cracked through the ema's but didn't want to chase so let it bear flag and base out. Got in when volume was coming back and it was breaking the round # level. Started going my way but not enough to reach target and got stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-01 12:18:55 | TKMR | sell | $24.970 | short |
2014-10-01 12:25:21 | TKMR | buy | $25.250 | 0 |
That was a nice try, I can see what you were after. Stop was nice right over the range after the VWAP rejection.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Lower high, worth a shot.