GURE Trade on Jan 30, 2015 12:14 from jmos_BOWS: Tradervue User Stock Trades.

Play:Bear flag

Stock was overextended, has a history of giving up its gains, missed two opportunities to short. Waited for it to bounce but when it tried to go and failed at previous resistance, I got in as volume was coming in as well. Scaled out some to minimize risk and stopped out on rest. Wanted to give it room but it looked like it was going to squeeze.
This is why I always scale small out in flush to minimize my losses.

Reasons to sell: flush, stop loss

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-30 12:14:51	GURE	sell	$2.170	short
2015-01-30 12:16:44	GURE	buy	$2.110	short
2015-01-30 12:22:45	GURE	buy	$2.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GURE&trade=1911343&end=20150301&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GURE&trade=1911343&end=20150130160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GURE&trade=1911343&end=20150130124945&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GURE Trade on Jan 30, 2015 12:14 from jmos_BOWS: Tradervue User Stock Trades.

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