LOOK Trade on Apr 24, 2015 09:39 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock had some PR, didn't have any real bias on it. It opened strong to major resistance on the daily. I wanted to see either a breakdown or a hold for a break of 2.3. Stock looked like it was going to break down, but it held even though there were many sellers. When it couldn't break the 2.2 level and started going, I got in for the break of 2.3 and a short squeeze. It just stuffed everyone at the HOD and got stopped out before the flush. Good trade in my books, showed signs of strength and had good potential.

Reasons to sell: failed break out, stop loss

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-24 09:39:30	LOOK	buy	$2.330	long
2015-04-24 09:40:14	LOOK	sell	$2.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LOOK&trade=2442961&end=20150524&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LOOK&trade=2442961&end=20150424121014&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LOOK&trade=2442961&end=20150424101014&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LOOK Trade on Apr 24, 2015 09:39 from jmos_BOWS: Tradervue User Stock Trades.

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