GPS Trade on Apr 17, 2015 12:35 from Driver42_BOWS: Tradervue User Stock Trades.

Broke a trendline off the 200ma on the daily chart a couple of days ago so I was hoping for a continuation today after it gapped down and tried to retrace.
Shorted at 40.9 with a stop at 40.95. Price had bounced down off the 50ma and broke the trendline just before I shorted it.
Target 2 is new low of day around 40.80
The trendline and 50ma bounce looked good enough but the price just went sideways for a half hour.
Stopped out.
My stop was the high of the range, and ten minutes later the price flushed !!!
Aaaarrrggghhhhhhh.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-17 12:35:39	GPS	sell	$40.900	short
2015-04-17 13:48:04	GPS	buy	$40.950	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=2416902&end=20150517&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=2416902&end=20150417160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=2416902&end=20150417160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GPS Trade on Apr 17, 2015 12:35 from Driver42_BOWS: Tradervue User Stock Trades.

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