CDTI Trade on May 5, 2015 10:05 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bull Flag

Stock had some PR, i was interested in it but not much volume so i stayed away. The volume came in after. Was interested around 2.3 but would have been a chase on 5mns and 9ema was far away but it still ran. Was patient for it to put a top and see how it would react. When it pb slowly, on low volume, making a higher low in the base, I thought it might have one more push in it. When volume came in, I got in but this sucker would open up the spread. Wanted an entry at 2.44/2.45 which is when I saw the volume come in and I got filled at 2.48 so that is a bit of a chase. I expected it to run or hold 2.5 and then break out but it stuffed everyone and 2.5 had trouble lifting so sold 1/4th to decrease risk and then selling came in so got out at buy price. A bit quick on the second sell but with a stuff, you never know if ppl will just panic and a flat trade turns into a losing trade.

Reasons to sell: 2.5 big resistance, volume had hard time to lift it, decrease risk, buy price