SLXP Trade on Nov 7, 2014 09:52 from andrewb_bows: Tradervue User Stock Trades.

SLXP gapped down really hard on poor earnings. I wanted to see the range and play an ORB out of it. It showed some strength very first thing after it tried to wash. When the stock came back up to push the $90 range and held across for a few minutes at $89 I risked $1 for the break to the up side. My entry was in anticipation of the $90 break which on the test failed one more time. When the stock started seeing pressure and looked to fail $89 I bailed at even in order to regroup and reassess. My only mistake could have been not waiting for the break to happen. But my entry was manageable with a reasonable stop so I have no complaints.