EXAS Trade on Nov 16, 2016 10:58 from Emilie_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
Emilie_BOWS

 

Daily: bear flag break down
Intraday: VWAP test, triple tap bear flag, 20 EMA test

This stock broke down under daily 50 SMA on earnings and then slowly pulled back to test the breakdown point (~$18) and 50 SMA. Today it was breaking down on decent volume in the first 30 minutes. It had a gap below at 14.65 so I was looking to short. I was thinking about an attempt to test the gap, not that I was hoping for a gap fill because the move would be too extended when it reached the gap.

Entries:
- 1st entry when it pulled back to VWAP
- 2nd entry on triple tap setup with 20 EMA right overhead
- 3rd entry after the fake breakout over 20 EMA

Target 14.65 (top of the gap below)


Execution detail:

Date/time Symbol Side Price Position
2016-11-16 10:58:33 EXAS sell $15.931 short
2016-11-16 11:17:56 EXAS buy $15.550 short
2016-11-16 13:10:26 EXAS sell $15.510 short
2016-11-16 13:57:00 EXAS buy $15.268 short
2016-11-16 14:25:07 EXAS sell $15.270 short
2016-11-16 15:31:57 EXAS buy $14.700 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in