GBSN Trade on Jun 16, 2015 09:41 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock gapped up, previous runner, can really explode. It opened strong, pb on lower volume and held a base. The 5mn chart shows it held and wanted more. When it broke out, I got in for a run towards HOD and catch a trend. Scaled out small to decrease risk and was hoping it would hold but didn't and stopped me out at buy price. Not a great fan of this trade because it was a chase on the 1mn chart but then, this stock runs high even when extended so was ok to chase a bit on the 1mn chart.
If i am going to chase on the 1mn, then i need to sell more on my first sell as i caught it too high.

Reasons to sell: decrease risk, buy price

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-06-16 09:41:05	GBSN	buy	$3.770	long
2015-06-16 09:41:25	GBSN	sell	$3.830	long
2015-06-16 09:42:02	GBSN	sell	$3.770	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GBSN&trade=3037415&end=20150716&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GBSN&trade=3037415&end=20150616121202&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GBSN&trade=3037415&end=20150616101202&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GBSN Trade on Jun 16, 2015 09:41 from jmos_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax