AAOI Trade on Apr 13, 2017 09:57 from JIP_BOWS: Tradervue User Stock Trades.

PR breakout fade setup. AAOI gapped up over 18% on after hours news right into resistance at $50.40. I waited for a bear flag to VWAP and shorted as it broke my trend line. I scaled out on the plunge down. It faded all day and could have continued to trade as multiple bear flag setups were apparent.

Take away:
I'm better identifying setups and how stocks will likely playout due to using multiple timeframes and identifying levels.
To maximize profits, I need to continue to watch "hot" stocks for additional setups. (this could have easily been a $1000 day if I had continued to watch the bear flag setups all day long.

Execution detail:

Date/time	Symbol	Side	Price	Position
2017-04-13 09:57:36	AAOI	sell	$47.900	short
2017-04-13 10:08:33	AAOI	buy	$47.050	short
2017-04-13 10:21:46	AAOI	buy	$46.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AAOI&trade=5556134&end=20170513&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AAOI&trade=5556134&end=20170413124146&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AAOI&trade=5556134&end=20170413160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AAOI&trade=5556134&end=20170413104346&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

AAOI Trade on Apr 13, 2017 09:57 from JIP_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax