Shared by
jmoscate_BOWS
Play: Flat top break out
Breaking round #, major support area, went in for the quick flush. Was patient for target and got stopped out on final shares. I wanted to wait for confirmation as it failed at this level several times and it flushed right to that level.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-19 13:13:26 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:13:26 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:13:27 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:13:27 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:13:27 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:13:27 | UCTT | sell | $12.970 | short |
| 2014-02-19 13:16:59 | UCTT | buy | $12.780 | short |
| 2014-02-19 13:27:04 | UCTT | buy | $13.020 | short |
| 2014-02-19 13:27:10 | UCTT | buy | $13.020 | 0 |
Comments
EL_BOWS
Markmandy54
2014-02-19 22:44:43
Looked good to me as a flat bottom B/D, however seeing what Sayed said that makes total sense.
mirko_BOWS
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This became a tricky play as u see the intrday candles were wild. I wud have just passed it.