AAOI Trade on Jul 13, 2015 10:26 from Abhi_BOWS: Tradervue User Stock Trades.

This stock gapped up on positive earnings. It gapped into multi-month resistance but it began creating a flag under this resistance while holding above the 9 ema. So once I noticed this, I bought a few cents above the 9 ema on 2 minute time-frame in anticipation of a breakout. It broke under so I sold for small loss. Later, it was forming a flag while holding the 9 ema on 5min time-frame. So I entered a few cents above this ema. Before I entered the trade, I was expecting to sell all or some into the $20 resistance. Once it hit this price, I sold half and then the second half since I feared that the markets choppiness may mess this trade up for me. I was correct as this stock faded off from $20 and broke the EMA's. I need to also note that I took this trade as a result of its score from my new trading rules. These rules weight each variable of a trade into a # of points. And I can only take a trade when the points add of up to at least a certain number. To ensure that I don't take bullshit trades.