NBL Trade on May 11, 2015 13:46 from foldelinio_BOWS: Tradervue User Stock Trades.

Stops: 3cts
R: 0.3

The consolidation below 46.50$ looked like a juicy short to LOD, so I shorted the breakdown below 46.40$. However, size traded below and it came back quickly indicating that there was demand for the stock. $NBL traded at support on the daily and we've seen many first day bounces lately with $SPY trading close to ATH.
I quickly scratched the trade and got long, but it could not stay above 46.50$ so I closed and moved on.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-11 13:46:17	NBL	sell	$46.390	short
2015-05-11 13:47:23	NBL	buy	$46.400	0
2015-05-11 13:50:53	NBL	buy	$46.430	long
2015-05-11 13:53:49	NBL	sell	$46.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NBL&trade=2488444&end=20150610&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NBL&trade=2488444&end=20150511160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NBL&trade=2488444&end=20150511142149&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

NBL Trade on May 11, 2015 13:46 from foldelinio_BOWS: Tradervue User Stock Trades.

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