PRKR Trade on Oct 16, 2013 13:56 from acelaw2000_BOWS: Tradervue User Stock Trades.

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acelaw2000_BOWS

GAP UP DAY TRADE

Lined up on 5 min chart, intraday flag and daily chart was nearing resistance, a flat top @3.40.

Entry on break of intraday base after consolidation. classic example of getting caught by hidden resistance. i entered on intraday. scalped in the 3.40 area which is where a flat top occurred.

Set stop at recent low on 5 min chart.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-16 13:56:18	PRKR	buy	$3.270	long
2013-10-16 14:08:33	PRKR	sell	$3.320	long
2013-10-16 14:18:06	PRKR	sell	$3.390	long
2013-10-16 14:19:36	PRKR	sell	$3.330	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRKR&trade=647608&end=20131115&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRKR&trade=647608&end=20131016160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PRKR&trade=647608&end=20131016154036&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PRKR&trade=647608&end=20131016144136&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-10-16 17:16:20

lot of resistance on daily chart.. i would have passed on this one

PRKR Trade on Oct 16, 2013 13:56 from acelaw2000_BOWS: Tradervue User Stock Trades.

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