OCN Trade on Oct 21, 2014 15:25 from youngcb1_BOWS: Tradervue User Stock Trades.

Stocks were moving pretty slow towards the end of day. I came across this stock through stock twits and saw the flag forming right away. I waited for this stock to determine its direction before I entered and long or short play. Stock broke my flag trend line for the upside and I entered for a long play. It hit resistance at the 21.90 area and never looked back. My mental stop was at $21.60 but as the stock started to drop slowly I decided to keep it loose to see if it was going to make another attempt. The stock just ended up going lower and lower so I covered my shares.

I took a chance by keeping my stop loose and it didn't work. I should've stuck by my original stop. Also I shouldn't have ignored the key indicators of the multiple wicks and the spinning top doji at resistance during the attempted breakout.