PRTA Trade on Mar 20, 2015 09:42 from foldelinio_BOWS: Tradervue User Stock Trades.

27.17M float/13.20% float short/83.20% institutional

playbook: Phase I completed + huge gap to previous highs on good premarket volume + hot sector, looking for momo after the open

A classic. Pop on the open, 42.00s held, size on the offer at 43.00. I got in with a starter and doubled up as soon as the offer was nibbled away. No follow through, however and lot's of breakout traders at 42.00$ and 43.00$. I smelled the flush and got out. Went to 45$ and I was slightly anoyed, but then it came down hard.

As usual, I was not able to reverse the position for a short. The retracement to 43.00$ would have been the optimal entry point.

Note to self: Research this trade. this happens so often, you could make a setup out of this. Look at $JASO and $LOCO