GENE Trade on Apr 20, 2015 14:40 from tee: Tradervue User Stock Trades.

Day Chart: gap up breakout

Buy: Stock moved up, flushed downwards past its open and then formed higher lows with lower highs (sideways triangle, coiling from 11am to 3pm). Anticipated that this would lead to the stock at least testing the VWAP around 5.60 - .20 reward for .10 risk. I bought the 3rd tap on that trendline (didnt follow through)

Sell: stock actually popped out of that line for 0.01 but then failed. usually a sign that the opposite will happen. stop hit, triangle bottom trendline broken through.

Lesson: Stopping out faster - 3 tapper, 4th broke but failed follow through. 3rd or 4th should lead to a big move so if I took that as an immediate sign I would have been out for .03 loss vs full stop of .12.