Play: Bear flag
First entry on break down, expecting a flush. When it didn't go, I did not want to get squeezed out so exited on very tight stop.
Missed on the flush but re-entered on the flag right above round # and once it broke down, got in and sold at targets. Got stopped out as it bounced.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-26 09:58:28 | PLUG | sell | $7.460 | short |
2014-03-26 09:58:28 | PLUG | sell | $7.460 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.520 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.520 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.520 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.520 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.510 | short |
2014-03-26 10:01:01 | PLUG | buy | $7.510 | 0 |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $7.000 | short |
2014-03-26 10:45:44 | PLUG | sell | $6.990 | short |
2014-03-26 10:45:45 | PLUG | sell | $6.995 | short |
2014-03-26 10:45:45 | PLUG | sell | $7.000 | short |
2014-03-26 10:50:24 | PLUG | buy | $6.820 | short |
2014-03-26 10:50:24 | PLUG | buy | $6.820 | short |
2014-03-26 10:50:24 | PLUG | buy | $6.820 | short |
2014-03-26 10:53:32 | PLUG | buy | $6.720 | short |
2014-03-26 11:28:50 | PLUG | buy | $6.850 | 0 |
I was watching this at that 7.6 area for the short and for some reason or another i passed on this one and decided to take some far worse trade that i lost on. Man this thing was sexy!
I agree I took profits a bit quick on this one. My 2nd sell should have been my first but with this market, I am trading a little on the cautious side and taking the profits when present.
@Mark, I took it because so many ppl trade on it and are short on it that I couldn't pass on it.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Have to give it time to play out if you want the big gains.