YOKU Trade on Mar 26, 2014 11:19 from Blake_BOWS: Tradervue User Stock Trades.

Flat top on earnings.

I shorted this stock on the break of the low it had created on multiple candles. It just turned around and went the other way.

Thoughts?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-26 11:19:48	YOKU	sell	$29.489	short
2014-03-26 11:28:47	YOKU	buy	$29.720	short
2014-03-26 11:28:47	YOKU	buy	$29.720	short
2014-03-26 11:28:47	YOKU	buy	$29.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YOKU&trade=912433&end=20140425&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YOKU&trade=912433&end=20140326135347&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YOKU&trade=912433&end=20140326160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

sbroye2323

2014-03-26 17:53:38

looking at this it looks exactly like something i would do, i just think its one of them trades that doesnt go like it usually would!

Blake_BOWS

2014-03-26 17:59:01

Yeah... a little criticism that I could give myself in this situation though is that this stock isn't "coiling" at all! It's just in a range...

TradeJitsu21

2014-03-26 18:07:35

I did the exact same thing! Seemed as if that support was gonna give up, but it took a little time.

iStryker_BOWS

2014-03-26 21:01:29

It came up to the VWAP then failed http://screencast.com/t/1agYyoWP35p. My entry would be @ 29.68. on the break and fail of the 9ema after it couldn't make new highs. Probably would've held if it didn't break the vwap on that entry. Your entry made it tough

YOKU Trade on Mar 26, 2014 11:19 from Blake_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax