AKAO Trade on Feb 9, 2017 09:51 from sk6345: Tradervue User Stock Trades.

Daily chart showed that stock had been up for 8 days in a row had pierced the upper bollinger band twice and stocastics were in the upper 80's. I was looking to snapback short this stock. stock went opened green, went red, then started moving down. Soon enough, price pulled back above the 9 ema and vwap. The next candle held the resistance created by the pullback candle, went red, and remounted below the 9 ema and vwap. I shorted at this point. Price made minimal downward movement before pulling back and stopping me out. It went on to start and uptrend that continued for the rest of the day. I believe the mistake was me attempting to short while the SPY was in an uptrend all day. Naturally, most stocks will mirror this behave, thus shorting was not the best thing to do in this environment. Plus, I checked out the 30 minute chart and saw that thee 20 sma provide support for what initially looked to be a falling stock on the intraday chart. Should have checked this chart before entering.