EXAS Trade on Oct 9, 2015 11:27 from josiah: Tradervue User Stock Trades.

This was a nice 5' trend play, after a strong selloff 2-3 days back, finally doing a reversal 1 day prior and finishing the prior day on an uptrend. Clean 5'20ma setup with 1' cup leading to 5' cup which caused the liftoff.

Favorable variables:
- reversal prior day with new trend starting
- trend continuation today with reclaim of 5'20 early in morning after shakeout
- had 1', 2', 5', 15' and VWAP underneath upon trigger
- close to 1', 2', 5' (squeezing together)
- happening right around 10:00 CST
- volume / volatility came in just before trigger
- $8.00 figure directly below

So-so variables:
- Market at a high coming off
- 60' overhead (could have been first target - exactly where 1st push stopped)
- $8.50 half figure overhead (good 1st target as well, right near 60')
- 200ma overhead a little beyond hourly 20ma
- HOD wasn't far, bad R/R if used for target