INOV Trade on Feb 12, 2015 11:20 from cyZ: Tradervue User Stock Trades.

F F IPO

pure hijacking, IPO's are a strength of mine when there is buying support. None of that here, just lots of hoping praying and revenge trading

le 33.54 -- impulse jump in
stop 33.20 -- price weak

reentered after 2.5 minutes
le 32.73 -- price worked its way up from LOM 32.17
add 32.68 -- price holding up, although unable to get above 32.83
add 32.66 -- impulsive add
stopped 32.25 -- price testing 32.17 LOD

reenter after 1.5 minutes
le 32.37 -- chased bounce off 32.00 with lots of buying
add 32.35
add 32.25
stopped 32.03 -- 32.11 bid dropped

reenter after 3 minutes
raging revenge by this point, close to daily loss limit
le 31.30 -- buy on a pb from 31.60 after spike down to 31.00
add 31.47
add 31.42 -- hoping and praying 31.50 offer not lifting
stop 30.60 -- RM took me out; I froze and didn't hit out below 31.00 -- hoping and praying

I trade IPO's well when there are levels where buyers step in and start stepping up the price.
That was not the case here. Price just kept stepping down, lowerH and lowerL. Just a lot of hoping and praying since I usually trade IPO's well.

One key sign here was once the price got below the opening print and couldn't remount it. Next time stand aside until there's some clear evidence of bottoming.