ASTM Trade on Mar 21, 2014 11:10 from EL_BOWS: Tradervue User Stock Trades.

I even said to myself on entry "this is extended on the daily AND the intraday"... but the FLAG! Bought it as it bounced briefly off the MA. I deserved what I got here.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-21 11:10:48	ASTM	buy	$6.560	long
2014-03-21 11:14:37	ASTM	sell	$6.330	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ASTM&trade=907331&end=20140420&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ASTM&trade=907331&end=20140321134437&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ASTM&trade=907331&end=20140321160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

PHILnomenal

2014-03-21 19:07:17

Extended, Failed at 7 where there is resistance on the daily and broke down out of flag...short that shhhhh-iiiiittttt. I tried to long on a VWAP bounce but that was a no go as well and i should've never even tried that i don't think.

jmos_BOWS

2014-03-23 11:51:46

Did the same mistake. The flag looked pretty sexy but like Phil said, it was overextended.

ASTM Trade on Mar 21, 2014 11:10 from EL_BOWS: Tradervue User Stock Trades.

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