VALE Trade on Apr 13, 2016 12:07 from jmos_BOWS: Tradervue User Stock Trades.

Play: Parabolic

Stock ran from almost LOD to pre-market high which was big resistance so figured i would give it sa shot as it seemed to have stuffed. It held and kept going so i got out. Not a great play as it is lunch time and it is just grinding. Rules #1 of shorting parabolic:don't short grinding stocks.

Reasons to cover: broke HOD

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-04-13 12:07:41	VALE	sell	$5.690	short
2016-04-13 12:11:27	VALE	buy	$5.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VALE&trade=4482474&end=20160513&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VALE&trade=4482474&end=20160413144127&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VALE&trade=4482474&end=20160413124027&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

VALE Trade on Apr 13, 2016 12:07 from jmos_BOWS: Tradervue User Stock Trades.

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