BCEI Trade on Aug 31, 2015 12:42 from ballhog409: Tradervue User Stock Trades.

The first trade was pretty successful. I would consider it a flag breakout. Tried it a second time and it failed.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-08-31 12:42:23	BCEI	buy	$7.990	long
2015-08-31 12:42:23	BCEI	buy	$7.990	long
2015-08-31 12:42:24	BCEI	buy	$7.990	long
2015-08-31 12:42:24	BCEI	buy	$7.990	long
2015-08-31 12:42:24	BCEI	buy	$7.990	long
2015-08-31 12:52:57	BCEI	sell	$8.175	long
2015-08-31 12:53:01	BCEI	sell	$8.172	long
2015-08-31 12:53:01	BCEI	sell	$8.172	long
2015-08-31 12:54:51	BCEI	sell	$8.200	0
2015-08-31 13:23:46	BCEI	buy	$8.080	long
2015-08-31 13:23:46	BCEI	buy	$8.080	long
2015-08-31 13:32:00	BCEI	sell	$7.971	long
2015-08-31 13:32:00	BCEI	sell	$7.975	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BCEI&trade=3372290&end=20150930&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BCEI&trade=3372290&end=20150831160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Mari_BOWS

2015-09-01 07:53:36

On the daily chart you see that this stock was up for the third day already and it was extended intraday. It was also around noon, when flags tend to fail.
It was consolidating under a round number $8 which was also resistance level on the daily chart.

ballhog409

2015-09-01 08:21:38

Thanks for the feedback!

BCEI Trade on Aug 31, 2015 12:42 from ballhog409: Tradervue User Stock Trades.

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