ADRO Trade on Apr 20, 2015 10:14 from camilogomez38: Tradervue User Stock Trades.

This one is a recent IPO, and it was opening almost 10% with higher than average volume. I had identified 44 (support) and 45 resistance as levels to watch. My idea was to get long if the stock could hold the gap and the market rallied. However, the stock quickly went down to below the 44 level, so I switch my bias for a short to fill the gap.

I tried on a retest of a big down bar at 43, which seems to be the new intraday support but I was stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-20 10:14:28	ADRO	sell	$43.000	short
2015-04-20 10:18:34	ADRO	buy	$43.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ADRO&trade=2419826&end=20150520&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ADRO&trade=2419826&end=20150420160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ADRO&trade=2419826&end=20150420124834&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ADRO&trade=2419826&end=20150420111634&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ADRO Trade on Apr 20, 2015 10:14 from camilogomez38: Tradervue User Stock Trades.

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