HIMX Trade on Dec 16, 2013 10:19 from markmandy54_BOWS: Tradervue User Stock Trades.

Gapper to new highs, high tight flag, stop under flag and got hit, kept on radar and got some massive buy volume coming in as firmed up. Long again with stop under 9EMA and stopped again.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-16 10:19:43	HIMX	buy	$12.050	long
2013-12-16 10:24:45	HIMX	sell	$11.970	0
2013-12-16 10:45:48	HIMX	buy	$12.020	long
2013-12-16 10:49:14	HIMX	sell	$11.940	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=749824&end=20140115&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=749824&end=20131216160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=749824&end=20131216130914&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=749824&end=20131216113914&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-12-17 19:39:25

Setup was not there..

markmandy54_BOWS

2013-12-17 23:24:11

Here's what i saw at the time that i totally thought was a flag on low volume.
http://imgur.com/LlOyATu

Nape_BOWS

2013-12-17 23:34:15

It never showed any real strength when you entered the trade. Notice how small the green volume bars are compared to the red ones after you bought. Stock needed more time to rest from the big run up it just had.

Nape_BOWS

2013-12-17 23:35:41

Nape_BOWS

2013-12-17 23:36:59

Didn't mean to send it twice.

markmandy54_BOWS

2013-12-17 23:37:53

I thought you want lower volume on the flag and the goal is to buy at the apex with a stop under the lower trendline of the flag if violated.

Nape_BOWS

2013-12-17 23:51:33

You do, but you don't want red bars lager then the green bars. That's a sign of distribution. Seller in control.

HIMX Trade on Dec 16, 2013 10:19 from markmandy54_BOWS: Tradervue User Stock Trades.

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