AVNR Trade on Sep 18, 2014 15:14 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

Bear flag developed and the stock broke down so I entered. A better entry would have been at the peak of the bear flag. But after my short entry the stock continued to go down but it hit support at $11.70 mark and squeezed back up to resistance. I maintained patience as the stock did not break through resistance. Once the stock reversed downwards I shorted some more shares as I was expecting the stock to break support at $11.70. The stock broke down and I scaled out a few times before exiting. I exited a little early because I had to cut my laptop off and get back to work. And because of that I missed the lower exit area at around $11.57.


Execution detail:

Date/time Symbol Side Price Position
2014-09-18 15:14:10 AVNR sell $11.760 short
2014-09-18 15:35:39 AVNR sell $11.720 short
2014-09-18 15:37:55 AVNR buy $11.670 short
2014-09-18 15:41:02 AVNR buy $11.640 short
2014-09-18 15:42:51 AVNR buy $11.660 0


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