VLTC Trade on Nov 24, 2015 13:06 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play; Parabolic

Stock kept flagging and going, shorts kept covering which pushed it higher. Waited for the true parabolic set up where it squeezes hard on volume and the tape speeds up. Got in at 8 as it could be natural resistance with stop at 8.5 (daily chart). Was patient for it, gave it room to squeeze one more time, covered in the pullback.

Reasons to sell:flush, wasn't cracking much so took gains as another squeeze seemed imminent


Execution detail:

Date/time Symbol Side Price Position
2015-11-24 13:06:51 VLTC sell $8.010 short
2015-11-24 13:09:12 VLTC buy $7.870 short
2015-11-24 13:10:22 VLTC buy $7.780 short
2015-11-24 13:12:18 VLTC buy $7.890 0


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