FSLR Trade on Mar 26, 2014 15:04 from hawk_BOWS: Tradervue User Stock Trades.

Bear flag on a declining stock. R/R at least 2:1 with stop just above 69.50 area and a min. target = lod at 68.67. Price moved into a confluence of support/resistance at 69.50 area and declining ma's. Entered as price moved away from this area. Took a quick profit at an area of prior consolidation and let the rest run as long as they respected the ma's. Closed remaining shares at eod.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-26 15:04:58	FSLR	sell	$69.230	short
2014-03-26 15:22:20	FSLR	buy	$68.910	short
2014-03-26 15:59:24	FSLR	buy	$68.510	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=912292&end=20140326160000&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=912292&end=20140326160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=912292&end=20140326160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=FSLR&trade=912292&end=20140425&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

TradeJitsu21

2014-03-26 17:37:43

Very nice trade! Great analysis. I would normally think that it's already way too low (or too high if going long), so I don't bother with the stock anymore. But this showed confidence.

Sayed