ZIOP Trade on Jan 14, 2015 10:56 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bull flag/squeeze

Was short bias overall but when it bounced off big support at 8.5 and made a higher low without the ability to break above 9 and started trading in a range, it got me interested in either direction. It broke to the downside but bounce quickly which made me think of a false breakdown so looked to long it. When it started going, I figured all the ppl who want to get in at 9 where waiting for it + all the shorts who were trapped so got in.
Waited for it to see how it reacted around 9, when it broke past it, I sold some partial in third, sold a bit more on next spike and was hoping for some follow through but no go. Stopped out at buy price.

Reasons to sell: spike, buy price

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-14 10:56:20	ZIOP	buy	$8.920	long
2015-01-14 10:56:49	ZIOP	sell	$9.050	long
2015-01-14 10:57:40	ZIOP	sell	$9.090	long
2015-01-14 11:06:18	ZIOP	sell	$8.935	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ZIOP&trade=1702493&end=20150213&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ZIOP&trade=1702493&end=20150114133118&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ZIOP&trade=1702493&end=20150114113318&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ZIOP Trade on Jan 14, 2015 10:56 from jmos_BOWS: Tradervue User Stock Trades.

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