OSUR Trade on May 18, 2015 13:58 from cash7177_BOWS: Tradervue User Stock Trades.

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cash7177_BOWS

 

OSUR was an in play stock. By the time I went to take this trade it was already EXTREMELY over extended. So I went in with a "chase" size position and used the 9EMA which was about 10 cents away as minor support. I sold my first half at the anticipation of the half dollar break. I then sold another portion where I saw previous multi-month resistance. And then the last portion I sold at the trend break with the strong volume distribution. I then switched to a short position to take some of the downside movement even though I didn't expect a huge flush due to it being the first big up day.


Execution detail:

Date/time Symbol Side Price Position
2015-05-18 13:58:15 OSUR buy $7.370 long
2015-05-18 13:58:17 OSUR buy $7.364 long
2015-05-18 14:13:23 OSUR sell $7.500 long
2015-05-18 14:18:41 OSUR sell $7.550 long
2015-05-18 14:23:41 OSUR sell $7.530 0


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