VGGL Trade on May 12, 2015 14:59 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: Flat bottom breakdown

Stock has been trending down all day, can't break the VWAP, those stocks usually have a last flush to get rid of longs which played the bounce. It popped, put in a double top off the bounce, got in when started flushing after consolidating at a key level. Got short and because I don't trust it at all, i took the quick one and sold all. Not great as i could have scaled out and have a bit of a bigger winner.

Reasons to sell:choppy stock, getting extended, not patient

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-12 14:59:58	VGGL	sell	$3.400	short
2015-05-12 15:00:07	VGGL	buy	$3.370	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VGGL&trade=2491541&end=20150611&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VGGL&trade=2491541&end=20150512160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VGGL&trade=2491541&end=20150512153007&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

VGGL Trade on May 12, 2015 14:59 from jmos_BOWS: Tradervue User Stock Trades.

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