ORMP Trade on Feb 20, 2014 11:01 from EL_BOWS: Tradervue User Stock Trades.

I thought this was a great trade, but it didn't go. Huge bear flag on daily, bear flag on 5 minute with 9EMA above that had failed, bear flag on 15. Covered as it broke above price resistance.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-20 11:01:39	ORMP	sell	$14.220	short
2014-02-20 12:33:19	ORMP	buy	$14.330	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ORMP&trade=849253&end=20140322&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ORMP&trade=849253&end=20140220143319&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ORMP&trade=849253&end=20140220160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-02-20 18:44:18

Oversold daily chart is the reason why it didn't flush.

Sayed

2014-02-20 19:38:02

I have been looking for a bounce on this.

Markmandy54

2014-02-20 22:06:40

That daily looked like a great bear flag to me that couldn't get above 15. I see the short but i've been getting smoked lately taking notes from the Z-man.

ORMP Trade on Feb 20, 2014 11:01 from EL_BOWS: Tradervue User Stock Trades.

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