RSOL Trade on Jan 6, 2014 09:46 from silverholden: Tradervue User Stock Trades.

I put this stock on my list in the morning after running a scan for pre-market gappers. I also noted that the Solar sector looked like it was going to be running today. My initial target was 4.00, and I intended this to be a day trade. After the gap the stock faded for several candles on the 5 minute chart, I bought in on the dip for the bounce. I set my stop at 3.38, this was supported by MA and VWAP on the 5 minute and 30 minute chart. I made a couple of mistakes here. My position was too large (miscalculation, was aiming for no more than $100 risk). Also there really was no solids daily setup, I was depending upon the solar run (that fell apart) to drive this high.