SPG Trade on Apr 1, 2015 14:11 from foldelinio_BOWS: Tradervue User Stock Trades.

Stop: 198.20
R: 1

I had this stock in the back of my mind, because it was the other part of the busted $MAC takeover. It showed good strenght the entire day, but the HOD test failed on light volume.

Classic setup: Wait for the flush, short the retracement, close into support.

My entry was shot, however, I had two chances of getting it around 198.00$ wich was a previous breakout level and thus supersafe.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-01 14:11:52	SPG	sell	$197.910	short
2015-04-01 14:15:37	SPG	buy	$197.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPG&trade=2238998&end=20150501&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPG&trade=2238998&end=20150401160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPG&trade=2238998&end=20150401144437&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SPG Trade on Apr 1, 2015 14:11 from foldelinio_BOWS: Tradervue User Stock Trades.

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