NTLS Trade on May 13, 2015 12:44 from cash7177_BOWS: Tradervue User Stock Trades.

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cash7177_BOWS

 

NTLS popped up on my scan after I missed its initial move. It started consolidating for a few hours forming a nice flag pattern. I took the trade when the price actin started tightening up under my trendline. I should have loaded more shares due to the fact that my risk was only about 4 pennies. I took a nice chunk of the initial dollar move, but I could have played it better. I sold the last chunk of the trade at the trend change. It then began to flag again so I reentered the trade. the flag had another hour or so of consolidation, So I was expecting a bigger move to the upside on my second entry. I got in at about 7.91, I was expecting it to run to at least 8.30ish because that was where previous months resistance was. When it failed to hit the .30s It quickly slumped down, So I sold my shares for only a .14 cent gain.


Execution detail:

Date/time Symbol Side Price Position
2015-05-13 12:44:44 NTLS buy $7.230 long
2015-05-13 12:44:44 NTLS buy $7.232 long
2015-05-13 12:44:44 NTLS buy $7.232 long
2015-05-13 12:44:44 NTLS buy $7.234 long
2015-05-13 12:52:36 NTLS sell $7.630 long
2015-05-13 12:57:32 NTLS sell $7.980 long
2015-05-13 13:05:53 NTLS sell $7.910 0
2015-05-13 13:06:44 NTLS buy $7.910 long
2015-05-13 13:06:44 NTLS buy $7.910 long
2015-05-13 13:06:44 NTLS buy $7.910 long
2015-05-13 13:06:44 NTLS buy $7.912 long
2015-05-13 13:06:44 NTLS buy $7.911 long
2015-05-13 14:41:03 NTLS sell $8.060 long
2015-05-13 14:41:03 NTLS sell $8.060 long
2015-05-13 14:41:03 NTLS sell $8.060 0
2015-05-13 14:44:58 NTLS sell $7.980 short
2015-05-13 14:50:30 NTLS buy $8.080 short
2015-05-13 14:50:30 NTLS buy $8.075 short
2015-05-13 14:50:30 NTLS buy $8.075 0


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