RES Trade on Mar 10, 2015 10:05 from Driver42_BOWS: Tradervue User Stock Trades.

Short 12.54 stop 12.68
Gapped down under recent low 12.61 two weeks back. Market down. Bear flag formed with a bounce off 20ma on 5 min chart. The price level of 12.61 was just under daily 50ma at 12.69. The opening range had reached 12.71 before retreating.
Price has not fallen very far but now rebounded slowly to the 20ma level at 12.61.
Watching to exit before stop is hit if volume comes in and pushes it higher, although the volume profile looks just like a minor retracement as it is diminishing on each candle.
I spoke too soon. Volume pushed price straight up to my stop.
Out at 12.68