VBLT Trade on May 14, 2015 10:33 from foldelinio_BOWS: Tradervue User Stock Trades.

12.79M float/.3% short float/ no info on institutionals
Another biotech spiking. I actually like the price action however, otherwise I wouldn't touch it. It spiked from 6$ to 8.65$ premarket, came back down and is now consolidating right around previous resistance at 6.50$. Short sellers missed the price spike and it gaped above resistance. Could be an ORB candidate.

Stop: 6.20$
R: 0

Finally a good trade again. 6.20$ holding and stock was coilding below 6.50$ 55s was showing size and got overwhelmed, so I went with it and took the offer at .55s.
Lack of follow through on the tape, so I scratched it before it tanked.

Well done.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-14 10:33:05	VBLT	buy	$6.550	long
2015-05-14 10:42:23	VBLT	sell	$6.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VBLT&trade=2499615&end=20150613&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VBLT&trade=2499615&end=20150514130723&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VBLT&trade=2499615&end=20150514110923&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

VBLT Trade on May 14, 2015 10:33 from foldelinio_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax