BLFS Trade on Jun 3, 2015 11:26 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear Flag

Stock ran parabolic out of the gate and then started fading. When it based out, could have gone either way but it couldn't get above the vWAP and every bounce was getting sold off. I was hesitant to short because it was down $1 at that point but it had been consolidating for a fair amount of time. The other thing was that its float had rotated so it could just be basing for a next leg up but when it seemed to crack I got short. I then saw quit some volume getting soaked at the 3.25 level and couldn't break down so I figured it might squeeze so took a small loss. Not great as i had my stop at 3.45 and should have respected it.

Reasons to sell:couldn't follow through breakdown, someone soaking the shares