FSLR Trade on Mar 25, 2015 10:57 from Driver42_BOWS: Tradervue User Stock Trades.

Double bottom on 5 min chart at the 200ma, also off the 50ma on the 30min chart. Small position as the spx took a dive from open, but also double bottomed intraday at the same time.
Price fell through 20ma quickly after it seemed to be holding well, stopped me out but the price dropped so fast it was not a good fill

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-25 10:57:00	FSLR	buy	$61.650	long
2015-03-25 11:07:00	FSLR	sell	$61.340	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=2116490&end=20150424&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=2116490&end=20150325133200&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=2116490&end=20150325160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

andybriggs_BOWS

2015-03-25 12:13:57

Looks like you got faked out by the squeeze off the initial open crack down, squeezed up overextended into support, then took a breather making a bear flag or triple bottom breakdown. For me I was watching stock to zoomed in and not realizing the previous price action, seeing the whole bigger move. Going counter trend will get your lunch taken

Driver42_BOWS

2015-03-25 12:18:15

Very true. What you can't see on the charts here is the 200ma which it double bottomed off and seemed to show strength. Then it cratered. Obviously just pausing to catch its breathe on the way down

FSLR Trade on Mar 25, 2015 10:57 from Driver42_BOWS: Tradervue User Stock Trades.

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