LABU Trade on Apr 12, 2016 15:33 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: BOUCE PLAY

Swing play, i don't take many of those so still trading them very small and experimenting. This was a bounce play off the 20sma with a hammer candle after 3 down days. When it closed strong and above VWAP, I got in for the swing for the bounce esp as biotech has been a sector that is still basing out compare to other sectors. Sold at targets where I saw resistance. Good trade, got the R:R wanted as R:R is more important in swing trading vs day trading, scaled out half.
Stop:30.5 (-1.5)
Exit: 34.5 (+2.5), 35.5 (+3.5)

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-04-12 15:33:45	LABU	buy	$32.010	long
2016-04-13 12:41:32	LABU	sell	$34.430	long
2016-04-14 09:47:16	LABU	sell	$35.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LABU&trade=4484328&end=20160513&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LABU&trade=4484328&end=20160414095216&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LABU&trade=4484328&end=20160414094716&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LABU Trade on Apr 12, 2016 15:33 from jmos_BOWS: Tradervue User Stock Trades.

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