BRCM Trade on Apr 26, 2013 12:10 from suzieshort: Tradervue User Stock Trades.

I had been watching this flat top pattern in BRCM. The stock had a large decline yesterday and, given the down market, I though it would go down. It didn't I was stopped out. I'm trying to be careful to find good set-ups.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-04-26 12:10:00	BRCM	sell	$34.414	short
2013-04-26 12:13:00	BRCM	buy	$34.520	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BRCM&trade=438077&end=20130526&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BRCM&trade=438077&end=20130426144300&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BRCM&trade=438077&end=20130426124200&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-04-28 18:46:21

this one is tricky.. normally a big gap up and then a gap fade there is a lot of airspace underneath. on this particular stock if u look at the daily the 34.50 jut has huge support zone that goes back months so that is an area of demand u can see the stock bounce

BRCM Trade on Apr 26, 2013 12:10 from suzieshort: Tradervue User Stock Trades.

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