SINA Trade on Jun 5, 2015 11:08 from Eric_Iannuzzi: Tradervue User Stock Trades.

Daily Setup:I thought this would be either a rubberband snapback or it would continue higher. The strength off the first 5 minute candle put this on my watchlist for a continuation play, figured it must be a short squeeze since it was a bit overextended on the daily, shorts were probably piling in and the MM's were squeezing them so I knew if might have juice.
Hindsight is 20/20:Really no red flags on this being a continuation play

Intraday Setup:Bullflag, MA sandwhich, Daylong consolidation- I entered it as it was resting on the 9ma with a stop a few pennies below the 9ma
Hindsight is 20/20: It's 11am and the 9ma becomes less reliable. The correct stop placement would have been the 20 ma.

Overall: The daily and intraday setups were solid setups and the entry price was valid. The issue was my stop was placed at the 9ma and it was too late in the day to use that as a stop on this type of setup. it should have been placed at the 20ma