CANF Trade on Apr 27, 2015 11:43 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: Flag/Triple tap

Stock had some news, held the dip out of the gate and squeezed right into resistance. I couldn't chase it so waited for a pb. The volume was pretty dead while basing out so I wasn't confident it would break 3 which was big resistance on the daily. It just kept going so i let it go and waited for another set up. When it ran to 3.5 and pb and made higher lows, I thought it had one last push in it but it was already extended and had the 50 and 200 sma on the daily. I took it as a lot of volume came in for a scalp off the 1mn chart. It could have ran but wasn't confident bc of the resistance on the daily and the semi-round # stuff which is exactly what happened.

Reasons to sell: scalp, extended intra, resistance daily, traded plan


Execution detail:

Date/time Symbol Side Price Position
2015-04-27 11:43:00 CANF buy $3.470 long
2015-04-27 11:43:19 CANF sell $3.530 0


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