ANTH Trade on Feb 10, 2015 09:50 from jmos_BOWS: Tradervue User Stock Trades.

Play: Flag breakdown

Stock opened strong, pull back, was long bias but when it ran to premarket highs and failed and put in a double top, I became short bias. Waited for a lower high to confirm which it did so got in when it looked like it was going to go. It stalled at 3.4 when it was getting hit with volume so was thinking it might hold and it was a long so sold for scratch. Clearly bad idea and just wasn't patient enough. It's a tough call as it looked strong and was holding that base. The bigger mistake, I think, was not getting back in when it made another lower high on the 1mn chart.
I rather be safe with morning plays as moves are exaggerated but if it holds idea, then i should keep it on radar, that is more important. Especially in this case, I am thinking there should be some panic from all the people who chased the highs and saw that it had a failed pb to sell but if it doesn't break down past support, then it means someone is holding it up.

Reasons to sell: failed to break support, time