GEVO Trade on May 14, 2015 14:27 from tee: Tradervue User Stock Trades.

Day Chart: just failed to hold the 9ema but bounced off day lows. testing for a higher bounce.

Buy: was doing some form of a flat top. I've seen these breakout before despite how unconvincing they looked so I followed my rule which was to just buy the pattern and let it play out. stop was only 0.03 risk with 0.11 move to VWAP.

Sell: failed to break on 2nd attempt, saw other names moving, didnt want to miss other opportunities. Should have bought at $3.89 when I first contemplated this trade, now I'm selling at that same price but for a $0.03 loss.

Lesson: I paid the price for chasing this stock up 3 pennies. Been missing on other ideas that worked out, didnt want to miss out on this one. flat top position needs to be combined with another factor, not a very convincing reason to long when you think of it.