ORPN Trade on Mar 16, 2016 10:21 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bull Flag with base

Stock went parabolic, had some serious prop bidding. It pullback and based on the VWAP. Only reason why I longed it was because 6.5 was holding and the buyer was still there even when getting hit so took a shot with very minimal risk. It kept getting stuffed into 6.6 so i sold on a mini flush. Seconds later, it ran to 7 which was my target. When getting in early in a base/consolidation or parabolic, it is important to stick to stops an wait for the proper move or to wait to get stopped out especially with great entries.

Reasons to sell:kept getting stuffed at 6.6 and started flushing, bid opened up

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-16 10:21:29	ORPN	buy	$6.440	long
2016-03-16 10:24:01	ORPN	sell	$6.410	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ORPN&trade=4327228&end=20160415&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ORPN&trade=4327228&end=20160316125401&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ORPN&trade=4327228&end=20160316105301&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ORPN Trade on Mar 16, 2016 10:21 from jmos_BOWS: Tradervue User Stock Trades.

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