SKYS Trade on Apr 4, 2016 11:38 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: Bull Flag

Previous two days, it has been going, then consolidating, sitting on support and squeezing. On the daily it was overextended so was short bias but when it held 5 and big volume on the sell side couldn't break that level, I gave it a shot as it did the exact same thing the previous two days and was forming the same patterns. Had a tight stop so if it were to crack, would have been small loser. Scaled into resistance, taking some off, went for the base hit and when it kept going, kept scaling out for bigger squeeze but only had small at this point.

Reasons to sell:resistance, HOD, extended, round # (200sma)


Execution detail:

Date/time Symbol Side Price Position
2016-04-04 11:38:18 SKYS buy $5.040 long
2016-04-04 11:42:11 SKYS sell $5.170 long
2016-04-04 11:43:51 SKYS sell $5.300 long
2016-04-04 11:44:20 SKYS sell $5.340 long
2016-04-04 11:49:04 SKYS sell $5.540 long
2016-04-04 11:51:25 SKYS sell $5.820 long
2016-04-04 13:32:07 SKYS sell $6.070 0


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