NOW Trade on Apr 10, 2014 12:12 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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Mike_Lucas_BOWS

 

Setup: Bear flagging under the 9 EMA

Entry: Got in as it rode just under the 9 EMA, but turns out it was to early. Stock showed weakness with nearest support of LOD from the previous day. Stop was +$.50, with a target of $-1.00.

Exit: almost pulled the trigger the 1st time it approached my target, and in retrospect I should have. Got nervous as the stock bounced and started to form what looked like a bull flag above the 20 EMA. Then the sellers came back in and said no to that. Next time it approached my target it too k profit in fear it could form a double bottom.


Execution detail:

Date/time Symbol Side Price Position
2014-04-10 12:12:48 NOW sell $51.400 short
2014-04-10 14:57:14 NOW buy $50.450 0


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