BIOC Trade on May 4, 2015 09:32 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: ORB

Stock had a PR, opened strong but stalled, had go-to set up for short so took it with stop at HOD for a flush. It started going my way, target was LOD but stalled at the VWAP, once it didn't keep going, I thought it might turn into a long since it held so I covered thinking it might squeeze. I wanted to be able to long it if it were to hold and show a pattern. It did squeeze but didn't hold then it just acted choppy and was right above the 200sma on the daily so I stayed away from it as it would spike 10cents for no reason and those are the type of stocks I lose bc of wicks so preferred to stay out unless it gave a good long opportunity which it didn't.

Reasons to sell: stalled at support, didn't keep going in direction of weakness


Execution detail:

Date/time Symbol Side Price Position
2015-05-04 09:32:09 BIOC sell $3.270 short
2015-05-04 09:33:59 BIOC buy $3.260 0


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