ATOS Trade on Feb 9, 2015 09:49 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: ORB

This is a go-to pattern for me. Love when they go strong at open on 5mns chart, pb slowly and then rip on the 4th candle. I wanted to get in on the 1mn but wasn't sure as the PR wasn't very convincing and was already released several months ago so I waited for a pattern that I like long or short to get in. If it would have failed at 1.70, most likely would have gone short but buyers kept stepping in and volume kept coming in so I got long bias and got in when price held and started going.
The scaling out is always the tough part. I always scale half in two bunches to keep half for the bigger win but lately, it hasn't worked as home runs are very far in between so I need to scale out more on the second sell to take more gains.It also has an ATR of 12 cents so a 20cent move is a big move for this stock so should have sold more when it kept stalling in the 1.8's and should have kept only a small quarter for lotto.I was hoping for it to have another leg higher towards 2 to unload most shares but it didn't and stopped me out on the 9ema crack with half size left.

Reasons to sell: spike, resistance, 9ema crack


Execution detail:

Date/time Symbol Side Price Position
2015-02-09 09:49:49 ATOS buy $1.680 long
2015-02-09 09:49:59 ATOS sell $1.770 long
2015-02-09 09:56:09 ATOS sell $1.840 long
2015-02-09 10:08:50 ATOS sell $1.700 0


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