TWTR Trade on Feb 6, 2014 15:08 from jmoscate_BOWS: Tradervue User Stock Trades.

Play: bear flag

Took this one for a very quick scalp play as it was testing the a major area. Once it broke, I took it. Chased it a little bit on the 1mn chart but I waited for confirmation due to the fact that it was testing that area and couldn't break it meaning there was a lot of buyers to absorb (i think) but once it cracked, it went pretty fast.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-06 15:08:48	TWTR	sell	$51.020	short
2014-02-06 15:08:48	TWTR	sell	$51.020	short
2014-02-06 15:16:39	TWTR	buy	$50.640	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TWTR&trade=831591&end=20140308&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TWTR&trade=831591&end=20140206160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-02-06 18:52:57

Great entry, most times the big even number 50 (45, 50, 55, etc) act like a magnet. That would have been an ultimate target from your entry point.

TWTR Trade on Feb 6, 2014 15:08 from jmoscate_BOWS: Tradervue User Stock Trades.

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