CPXX Trade on Jun 24, 2015 09:33 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock gapped up, opened strong on high volume but wasn't able to hold it. Go-to set up that screams short to me. It bounced off key daily level into VWAP. When it couldn't break the vWAP and hold, i got short on break of that LOD. It snapped but came right back. Was patient to see if it was going to make a higher low but when the bid held, i got out as it should have been faster and it had potential to squeeze. I was ready to re-enter it short if it didn't squeeze.

Reasons to sell: no follow through, crack needs to be faster

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-06-24 09:33:53	CPXX	sell	$2.750	short
2015-06-24 09:35:20	CPXX	buy	$2.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CPXX&trade=3072012&end=20150724&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CPXX&trade=3072012&end=20150624120520&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CPXX&trade=3072012&end=20150624100420&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CPXX Trade on Jun 24, 2015 09:33 from jmos_BOWS: Tradervue User Stock Trades.

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