AMBA Trade on Jan 14, 2014 10:01 from bbman: Tradervue User Stock Trades.

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bbman

Stop Loss was initially 31.05.
Stock was a bit extended vis-a-vis the 20EMA and VWAP and market has been under distribution of late; decided to play it very tightly.
Moved the Stop to break even after it broke above 31.43 (highs of the small flag pattern).
Should have been more patient with this play as the 20 EMA was still acting as support.

Finally, should have reestablished the position, at the break of 31.40 at approximately 10:24 am, as the stock was being pushed higher by the 20 EMA after taking a breather.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-14 10:01:41	AMBA	buy	$31.200	long
2014-01-14 10:03:07	AMBA	sell	$31.340	long
2014-01-14 10:12:18	AMBA	sell	$31.210	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMBA&trade=787935&end=20140213&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMBA&trade=787935&end=20140114160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AMBA&trade=787935&end=20140114123718&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AMBA&trade=787935&end=20140114103818&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

AMBA Trade on Jan 14, 2014 10:01 from bbman: Tradervue User Stock Trades.

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