CYTK Trade on Feb 13, 2015 09:43 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock gapped up, had strong earnings but was in a choppy area as it had resistance at 8. Once it opened strong and consolidated sideways, it triple tapped on the 1mn which is one of my go-to set ups. When volume came in, I thought it could be a powerful move but it stalled at 7.85 so took small off to decrease risk as I wanted bigger move through 8 and hold half for once it breaks that level and holds. It didn't explode and retraced, got stopped out at buy price. Choppy stock as it just kept grinding higher but not in a smooth fashion how earning play should work.

Reasons to sell: spike/stalling at a level when expected a powerful move so thinking seller waiting, buy price