PTBI Trade on May 11, 2015 15:16 from foldelinio_BOWS: Tradervue User Stock Trades.

Stop: 8.89$
R: 0.3

PTBI woke up EOD on volume and coiled up above 8.80$. My entry wasn't optimal since I was looking at it too late and couldn't get in close to support at 8.90$ and it was late in the day so I knew I had about 20 minutes until I had to close out my position.

The setup was pretty much textbook, but I couldn't trade from a position of strengh. Thus I got squeezed out of my position and had to watch it rally almost a dollar.

These types of trades seem to appear pretty frequently the last couple of days. Pop, consolidation, late day pop, coild, EOD run.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-11 15:16:32	PTBI	buy	$9.040	long
2015-05-11 15:19:11	PTBI	sell	$9.140	long
2015-05-11 15:19:48	PTBI	sell	$9.080	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2488447&end=20150610&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2488447&end=20150511160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2488447&end=20150511154848&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PTBI Trade on May 11, 2015 15:16 from foldelinio_BOWS: Tradervue User Stock Trades.

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