SPLK Trade on Jun 12, 2014 10:52 from Avi_BOWS: Tradervue User Stock Trades.

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Avi_BOWS

 

This stock had at least 3 plays today, and the play I made (following Kunal) wasn't one of those 3 plays. Although it was an ok short potential that ultimately did have some down side, there was a much better long at 11:25
See this graph:

http://screencast.com/t/in54un5Q3oI

Here there is a beautiful triple tap flag that has formed, that makes a nice run up with one pullback in between.
-The 1st play of the day was the red to green move at 9:30-9:35
-The 3rd play of the day was the short at HOD.
This stock moved pretty uniformly and I like that in a momentum stock. Many green and red candles in a row from 9:30 to 1:30, then it went into a range the rest of the trading day.


Execution detail:

Date/time Symbol Side Price Position
2014-06-12 10:52:20 SPLK sell $45.700 short
2014-06-12 10:55:27 SPLK buy $45.800 0


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