ORCL Trade on Apr 2, 2014 12:31 from mirko_BOWS: Tradervue User Stock Trades.

The stock was up 7 days in a row with overbought stochastics. Shorted on the intraday flag breakdown and covered into the flushes with the last partial covered once it reached the lows of the day before where I expected some resistance.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-02 12:31:35	ORCL	sell	$41.190	short
2014-04-02 12:31:35	ORCL	sell	$41.190	short
2014-04-02 12:31:35	ORCL	sell	$41.190	short
2014-04-02 12:31:35	ORCL	sell	$41.190	short
2014-04-02 12:31:35	ORCL	sell	$41.190	short
2014-04-02 12:31:36	ORCL	sell	$41.190	short
2014-04-02 12:31:36	ORCL	sell	$41.190	short
2014-04-02 12:31:36	ORCL	sell	$41.185	short
2014-04-02 12:35:46	ORCL	buy	$41.090	short
2014-04-02 12:35:47	ORCL	buy	$41.090	short
2014-04-02 12:35:47	ORCL	buy	$41.090	short
2014-04-02 13:09:34	ORCL	buy	$41.030	short
2014-04-02 13:11:28	ORCL	buy	$40.990	short
2014-04-02 13:11:28	ORCL	buy	$40.990	short
2014-04-02 13:13:23	ORCL	buy	$40.951	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ORCL&trade=922840&end=20140502&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ORCL&trade=922840&end=20140402160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

EL_BOWS

2014-04-03 09:17:49

Beautiful bear flag execution. Great flag, good patience to wait for confirmation.

Markmandy54

2014-04-03 10:50:53

Great trade

mirko_BOWS

2014-04-03 13:02:53

Thanks guys, much appreciated!

ORCL Trade on Apr 2, 2014 12:31 from mirko_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax