ONTY Trade on May 15, 2015 12:59 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: Flag break down

Stock squeezed, put in a top, consolidated during lunch above level of support, tried to break out of that range but was a constant seller, tried to short it for the flush but it snapped back like if someone was waiting, same action than at 2.4 when i was watching it so i sold right away to re-evaluate especially as it was still lunch time at 1pm so not good.

Reasons to sell:snapped to quick back to price support which makes me think ppl are covering and someone is buying there

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-15 12:59:39	ONTY	sell	$2.600	short
2015-05-15 12:59:45	ONTY	buy	$2.590	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500616&end=20150614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500616&end=20150515160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500616&end=20150515132945&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ONTY Trade on May 15, 2015 12:59 from jmos_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax