RMGN Trade on Mar 10, 2015 09:58 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock closed weak, gapped up at first but gave it up in pre-market so was short bias. 1.60 was a key level as they tried to protect it right away, wanted to see if it would hold the red to green move which it didn't and made a lower high. The first tap was too extended so waited for a small pb and then when it went, I took it for the flush as now, all the longs pre-market, red to green players and yesterday's players who bought near highs would sell. It started to go but stalled, didnt want to get squeezed so sold for scratch as it was meant for some panic. Theory didn't pan out so got out.

Reasons to sell:slow, no panic, didn't act according to theory even after 10mns so it had potential to squeeze