VBLT Trade on Sep 22, 2015 10:08 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: Parabolic/stuff move for flag bd

Stock was parabolic on the daily, so it was hard to long even though it had a great bull flag but didn't want to chase it. It then consolidated between 11 and 10.5. When it tried to break 11 on big volume and couldn't, i shorted immediately with small size, thinking it was going to crack and panic selling was going to happen. It didn't panic how I thought it would for a wide spread stock which got me thinking that there might be another squeeze in so i took the scalp. It did squeeze one more time. I was early and this happened before and since it can break HOD with strength and never know where the top is in, i preferred to take the scalp. The move i was looking for happened a few minutes after, that was the candle i was looking for.

Reasons to sell:no panic, took the scalp


Execution detail:

Date/time Symbol Side Price Position
2015-09-22 10:08:16 VBLT sell $10.860 short
2015-09-22 10:08:26 VBLT buy $10.740 0


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