PLUG Trade on Jan 3, 2014 11:18 from BScripter_BOWS: Tradervue User Stock Trades.

I tried to play this to the upside earlier but I saw a triple tap breakdown around $2.57 area around 11:15 so I shorted it. It didn't flush as much as I expected so I got out. This stock has had a lot of momentum lately to the upside and wasn't extended enough to take a short yet. Maybe Monday or Tuesday this will flush down.

Stop: 2.62
Target: 2.42
Reward to Risk: 1 (Too low as well...overall not a good trade)

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-03 11:18:38	PLUG	sell	$2.540	short
2014-01-03 11:52:37	PLUG	buy	$2.620	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PLUG&trade=767292&end=20140202&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PLUG&trade=767292&end=20140103141237&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-01-03 19:50:40

2nd day breakout on strong volume. Not a good short attempt.

silverholden

2014-01-03 21:48:50

Yeah, 200 ma turning up and strong short term momo as well, probably wrong time to short.

BScripter_BOWS

2014-01-05 15:36:14

Yeah I agree...I should've been looking at that point more as support and not a breakdown point. I'm noticing that I definitely am bearish since I look for shorts before I look at the long side. Will have to work on that especially with stocks like this!

PLUG Trade on Jan 3, 2014 11:18 from BScripter_BOWS: Tradervue User Stock Trades.

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