TWTR Trade on Jan 17, 2014 13:22 from EL_BOWS: Tradervue User Stock Trades.

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EL_BOWS

 

TWTR, kicker of groins. Wild, yet masterful strikes to the nether regions.

Waited for confirmation of the 3-candle bear flag. Only waited because I figured it was a bit extended for another huge rip-down, but when I got confirmation of a new low, I was in. It turned and squeezed above MAs on pretty low volume, but it was at my max loss. My second add as it tapped the MA and started to fade on weak volume put me above my max loss.


Execution detail:

Date/time Symbol Side Price Position
2014-01-17 13:22:55 TWTR sell $62.670 short
2014-01-17 13:39:25 TWTR sell $62.830 short
2014-01-17 13:54:26 TWTR buy $63.020 0


Comments

2014-01-18 19:15:30
 

I know what you mean.. personally, I was kicked in the NUS the other day ;)

I think 3 candles is not much of a consolidation for TWTR. I have been squeezed by this stock twice.. cause I wasn't smart enough to learn from the first time.

Gravatar BenRodts_BOWS
2014-01-19 10:27:01
 

First buy in spot way to extended. Also on the 30 min chart this stock bounced right of its MAs then got squeezed back down. Make sure you line up stocks on multiple time frames.

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