CTRV Trade on Oct 6, 2015 09:32 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Stock gapped down, was short bias because of the weakness yesterday and stuffed everyone into the close. I wanted to see a bounce first before getting in and see how it responded. It held 4.3 right away so buyers stepped in but i went nowhere so got short on the panic. Wanted 4 as target, thought it had many bag holders from previous day. It went to 4.05, was greedy and didn't take any, bounced and put a strong reversal candle, so i sold flat as i didn't want to get caught in a squeeze. Took it with size and traded the plan, just wasn't fast enough to take profit. Need to scalp those out of the open.

Reasons to sell:reversal candle, had volume, thought it might squeeze