UPIP Trade on Mar 21, 2014 09:43 from mirko_BOWS: Tradervue User Stock Trades.

Premarket gapper showing weakness out of the gate. Shorted on the flag breakdown but the 9EMA support level was just too close and it bounced back - no go.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-21 09:43:12	UPIP	sell	$1.980	short
2014-03-21 09:43:12	UPIP	sell	$1.980	short
2014-03-21 09:43:12	UPIP	sell	$1.980	short
2014-03-21 09:43:14	UPIP	sell	$1.980	short
2014-03-21 09:43:14	UPIP	sell	$1.980	short
2014-03-21 09:43:14	UPIP	sell	$1.980	short
2014-03-21 09:43:14	UPIP	sell	$1.980	short
2014-03-21 10:29:24	UPIP	buy	$2.020	short
2014-03-21 10:29:24	UPIP	buy	$2.020	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UPIP&trade=906949&end=20140420&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UPIP&trade=906949&end=20140321111324&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

KeithL_BOWS

2014-03-22 11:10:16

I tried this one also... Appears we both did the same thing.. Late entry in the wrong direction.
Nice patience and exit after it didnt flush.

mirko_BOWS

2014-03-22 14:32:06

Thanks Keith for the feedback!

It was a bit chase but it looked bearish at the time at least to me but 9EMA support near changed the trend and it ended up as pullback bounce.

UPIP Trade on Mar 21, 2014 09:43 from mirko_BOWS: Tradervue User Stock Trades.

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