OII Trade on Dec 1, 2016 13:33 from raman93_BOWS: Tradervue User Stock Trades.

This looked like it would break for sure with an intra day flattop and day long consolidation going on.. it ended up being a failed break out I should have gotten out sooner after it broke the 9ema. It hit resistance on the daily which is why it didn't break out.

Entry: $27.25
Exit: $27.17 (below vwap)
Day Long Consolidation.. (failed)

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-12-01 13:33:02	OII	buy	$27.250	long
2016-12-01 13:33:02	OII	buy	$27.253	long
2016-12-01 13:33:02	OII	buy	$27.255	long
2016-12-01 13:33:02	OII	buy	$27.260	long
2016-12-01 15:11:47	OII	sell	$27.170	long
2016-12-01 15:11:47	OII	sell	$27.170	long
2016-12-01 15:11:47	OII	sell	$27.170	long
2016-12-01 15:11:47	OII	sell	$27.170	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OII&trade=5026164&end=20161231&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OII&trade=5026164&end=20161201160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-12-04 16:23:55

ur entry was ok but this daily chart is not really a hot pattern no catalyst here for ur intraday

OII Trade on Dec 1, 2016 13:33 from raman93_BOWS: Tradervue User Stock Trades.

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