PBMD Trade on May 20, 2015 09:37 from jmos_BOWS: Tradervue User Stock Trades.

Play: Parabolic

Stock was overextended on daily, had ran and squeezed once, stalled around 2.5, did over under and lots of selling at 2.5 so i got in for the break down. When the break down wasn't crisp and being on the front side of the move, i took the scalp. I was thinking it would break down hard especially off the open but the tape was pretty strong as well so didn't want to take any chance of getting squeezed.

Reasons to sell: strong tape, front side of the move, scalp plan

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-20 09:37:58	PBMD	sell	$2.510	short
2015-05-20 09:38:08	PBMD	buy	$2.460	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578334&end=20150619&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578334&end=20150520120808&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578334&end=20150520100808&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PBMD Trade on May 20, 2015 09:37 from jmos_BOWS: Tradervue User Stock Trades.

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