GEVO Trade on Jun 3, 2015 09:43 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock had some news previous day, gapped down and opened weak but it didn't really flush. Everyone was looking at the red to green play which i wanted but hesitated as it was extended running into it bc of the dip and din't consolidate. Big volume came in and wasn't able to break and hold 4 and red to green play. It sold off and bounced off VWAP. At that point, i was thinking maybe a triple tap but the bounces were getting sold off. Got short when made a lower high and wasn't able to get above VWAP. Sold a bit too fast my first shares as I wanted LOD first. I then scaled out when it looked like it was stalling and then the rest as it seemed to bounce. The next level for me on this type of trade is to hold the lotto shares through the bounce. I was confident it was going to bounce off that LOD when it couldn't break and it was extended but I never know how far the bounce is going to be so I hesitate. Next step is to hold with conviction for me.

Reasons to sell: decrease risk, LOD, buy price