SPLK Trade on Feb 28, 2014 09:34 from Markmandy54: Tradervue User Stock Trades.

Great gap up, 103 holding at VWAP, took small position and gave ample room. Made mistake of not putting in hard stop and moved onto other trades. alert hit and started to bear flag, took off.
Hindsight: Sellers kept pushing down under 106. 1st 5min wick on candle said get out. I noticed the bear flag and thought short but didn't take it. Jumping in long biased my read as it was a PERFECT bear flag that gave ample entry from 101-100. Great lesson.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-28 09:34:53	SPLK	buy	$103.150	long
2014-02-28 09:56:54	SPLK	sell	$100.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPLK&trade=861848&end=20140228104854&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPLK&trade=861848&end=20140228121654&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPLK&trade=861848&end=20140228160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPLK&trade=861848&end=20140330&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jco1987_BOWS

2014-02-28 17:25:58

You can long that off the 5 or 2 min chart or any chart! No setup Mark!

Markmandy54

2014-02-28 17:27:25

Yup, in review those wicks said short this SOB.

SPLK Trade on Feb 28, 2014 09:34 from Markmandy54: Tradervue User Stock Trades.

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