X Trade on Mar 4, 2016 14:40 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear Flag/Sympathy play

Stock was way overextended and was on its second leg. It was on support and was consolidating. Wanted to see more of a consolidation or bounce but XLE was cracking and both have similar charts so figured it had more downside and more profit taking. Took it short and scaled down along the way.

Reasons to cover:flush, extended, round #

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-04 14:40:26	X	sell	$13.400	short
2016-03-04 14:43:08	X	buy	$13.290	short
2016-03-04 14:43:53	X	buy	$13.260	short
2016-03-04 14:48:46	X	buy	$13.050	short
2016-03-04 14:50:48	X	buy	$12.890	short
2016-03-04 15:44:48	X	buy	$13.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=X&trade=4293599&end=20160403&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=X&trade=4293599&end=20160304160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=X&trade=4293599&end=20160304155348&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

X Trade on Mar 4, 2016 14:40 from jmos_BOWS: Tradervue User Stock Trades.

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