NOW Trade on Apr 8, 2014 12:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

Setup: Intraday flag

The stock was flagging after it was making higher lows and broke through the $50.90 level. My stop was tight and under the 9 and 20 EMA. My target was the intraday high near $52.00. Half an hour later and the stock sold off.

Was my entry point okay, or should I have avoided the trade?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-08 12:17:51	NOW	buy	$51.080	long
2014-04-08 12:49:23	NOW	sell	$50.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=931699&end=20140508&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=931699&end=20140408160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=931699&end=20140408160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

NOW Trade on Apr 8, 2014 12:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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