BITA Trade on Oct 8, 2013 10:52 from ckz8780: Tradervue User Stock Trades.

Bear flag breakdown. I missed the entry at $21 which was super hot but I caught this little bear flag at the perfect time! My stop was $20.70 so I risked about 70c. I took 1/2 profit at 81c and was hoping to get another flush down to $18.50 or $18 but the daily support was a bit too strong. I exited the last at $19.68 as I didn't want to get caught in a squeeze over $20.00 and the stock is very thin. Decent trade overall.

300 shares
+$171.31 (4.22%)

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-08 10:52:17	BITA	sell	$20.010	short
2013-10-08 10:54:38	BITA	buy	$19.200	short
2013-10-08 12:10:37	BITA	buy	$19.678	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BITA&trade=633127&end=20131107&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BITA&trade=633127&end=20131008141537&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BITA&trade=633127&end=20131008121437&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-10-08 23:11:53

Killer short entry. Nailed it.

BITA Trade on Oct 8, 2013 10:52 from ckz8780: Tradervue User Stock Trades.

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