ONTY Trade on May 26, 2015 09:54 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock held on friday and never flushed which everyone wanted. When it opened weak, everyone shorted it. I wasn't convinced bc of how it held the previous day. When it squeezed once, it showed that shorts were in trouble again so i let it consolidate. It formed a base on the VWAP and if it were to break down, then it would have failed to hold the VWAP but it kept holding even with heavy selling which was my clue that there might be another push. As it made a higher low on the 1mn, I got in for the break of HOD. Scaled out small to catch the bigger move. That move never came and stopped me out, very choppy stock. It looked like a stuff and thought shorts won that battle but it held. I thought of going long but the way it failed previously scared me so i preferred to stay away. And that is when it squeezed even more. Frustrating but traded the plan.

Reasons to sell: decrease risk, stalled, buy price