SRPT Trade on Oct 1, 2015 09:47 from jmos_BOWS: Tradervue User Stock Trades.

Play: Flag Breakdown on VWAP

This pattern has been playing out pretty well lately where stocks squeeze to some resistance, (i miss the starter short), pb to VWAP, consolidate and break down. So i am forcing myself to take those trades when they make a lower high/consolidate on VWAP after the initial squeeze to get short in them which is what I did here. It flushed so quick that i couldn't scale out any. I really thought it was going to break 36 and flush to pre-market low of 35 (50sma)but it held. I stuck to the plan as it was trending lower after it wasn't able to break resistance so as long as the trend is intact, I stayed in it. Good discipline as I almost got stopped out but traded the plan and not emotions. Scaled out on the way back down and stopped on lotto shares. it was very strong today. Should have flushed past 36 but didn't.

Reasons to sell: flush, support, buy price