CASI Trade on Oct 14, 2015 13:25 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: BEAR FLAG

Stock kept bouncing into VWAP and getting stuffed so when it happened, I put in a starter position with stop above VWAP. It had a lot of buying but wan't going anywhere but there was also no panic so wasn't very confident. Still, it stuffed and i had a plan to add full position on break down of 1.4 thinking maybe the panic will arrive. It sold off, got full position, was patient and kept going but kept holding which went against what I thought might happen. Lots of selling and still couldn't' break through with strength. When the price opened up, I sold basically flat. Annoyed that there wasn't much follow through but once again, when the bid/offer opens up and games seem to be played, I always get squeezed. A few seconds after I sold, stock went from 1.37 to 1.42 so probably would have gotten out there.

Reasons to sell: not much follow through, spread opened up