PTBI Trade on May 12, 2015 09:36 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

Considering the strength displayed the previous day and the weak open. I should have been looking for the weak open and R/G setup. There were so many ways that I could have played this but the fact that I consistently try to anticipate what I imagine might happen based on no pattern whatsoever is killing any possibility of having trades work consistently.

Here are some possible set-ups that played out. Of course, this is always easier in hindsight:

1) Double bottom/flag around 9:50AM near $8.80.
2) Flat top breakout around 10:06AM near $9.30.


Execution detail:

Date/time Symbol Side Price Position
2015-05-12 09:36:51 PTBI buy $9.200 long
2015-05-12 09:40:07 PTBI sell $9.113 0


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