GENE Trade on Apr 20, 2015 10:23 from Driver42_BOWS: Tradervue User Stock Trades.

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Driver42_BOWS

 

Big gap up this morning with a pullback to
Went long as price broke the bull flag upper trendline but there was no volume in it.
I waited for a while but got stopped out on a sudden drop through the 9ema.
It was at this point that I realised I should have gone short.
The failed break over the TL set up a 123 short compounded by the break of the 9ema and a green to red trigger.
Shorted as soon as I got stopped out on the long.
After a couple of nice red candles I had set my target at 5.15.
This was just a couple of cents above the daily 50ma.
A bit ambitious as the low of day was 5.23 but
I eventually exited at 5.32 the 30min 20ma on TOS charts and strangely enough the 15min 20ma on TC2000 charts


Execution detail:

Date/time Symbol Side Price Position
2015-04-20 10:23:29 GENE buy $5.760 long
2015-04-20 10:23:30 GENE buy $5.770 long
2015-04-20 10:23:31 GENE buy $5.780 long
2015-04-20 10:30:09 GENE sell $5.580 0
2015-04-20 10:30:51 GENE sell $5.540 short
2015-04-20 10:30:51 GENE sell $5.540 short
2015-04-20 10:30:52 GENE sell $5.540 short
2015-04-20 10:30:54 GENE sell $5.540 short
2015-04-20 13:37:40 GENE buy $5.320 0


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