YHOO Trade on Nov 14, 2014 14:21 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

As the stock reached resistance near $52.00 level and dropped down, I was looking for a short entry. The stock attempted to spike back up and the pattern I was looking for was a dead cat bounce or bear flag. Bear flag started to form as it was creating a lower high as so I entered early the first time and then added some more shares a few candles later once I saw a red candle. My stop was slightly above $51.80. The stocked dropped down but not by much. Once I saw the stock bounce off of support and reverse direction I covered my position.


Execution detail:

Date/time Symbol Side Price Position
2014-11-14 14:21:12 YHOO sell $51.680 short
2014-11-14 14:34:21 YHOO sell $51.750 short
2014-11-14 15:26:34 YHOO buy $51.630 0


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