PRLB Trade on Feb 12, 2014 10:58 from EL_BOWS: Tradervue User Stock Trades.

Bought on break of flag. Immediately rolled over and stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-12 10:58:12	PRLB	buy	$79.830	long
2014-02-12 11:03:21	PRLB	sell	$79.430	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRLB&trade=839863&end=20140314&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRLB&trade=839863&end=20140212133321&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PRLB&trade=839863&end=20140212160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-02-12 19:33:30

Tough trade. Sloppy daily chart.

Nape_BOWS

2014-02-12 19:36:19

If the daily chart was clean and crisp like that intraday flag your result probably would have been a lot different.

Sayed

2014-02-12 19:47:19

It also came up all the way from 76.50!

EL_BOWS

2014-02-12 21:42:56

@sayed: this stock has had a daily range over $5 a number of times in the past few months. When I looked at it, trying to assess if it was too extended I looked at the range, looked at the flag, looked at the support level, thought that 3.5/75 is < 5%, so I took it. Is this wrong thinking?

PRLB Trade on Feb 12, 2014 10:58 from EL_BOWS: Tradervue User Stock Trades.

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