LULU Trade on Dec 13, 2013 13:34 from Brutto_BOWS: Tradervue User Stock Trades.

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Brutto_BOWS

 

Played it as a bear flag but really in my mind it was a bull flag since the stock was in a clear up trend supported by a perfect trend line. I let a chat room member influence my thinking. Risk was small however. It popped huge to the upside a few minutes after the buy.


Execution detail:

Date/time Symbol Side Price Position
2013-12-13 13:34:52 LULU sell $58.930 short
2013-12-13 13:51:05 LULU buy $59.050 0


Comments

2013-12-15 10:46:26
 

Stock is very oversold on daily chart. Not much downsize left. Better long then short at this point.

2013-12-15 12:26:48
 

Thanks for the comment and I agree. I liked it to the upside but I let someone in the chatroom influence my thinking.

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