GPRO Trade on Nov 11, 2014 14:24 from andrewb_bows: Tradervue User Stock Trades.

Second trade was a short on GPRO with intraday weakness and failure to hold its support since the earnings gap up around $76. This was a trade I should have taken earlier in the day with stock going red, instead I waited for a flag to give more confirmation. This trade happened going in to the end of the day when the stock was making lower highs and looked to fail $74 intraday support. I shorted off $74.36 when GPRO rolled over off 20ma 5min and was testing the uptrend line for 3rd time. It didnt crack right away which signaled to me it would unlikely work. My stop was above previous high $74.6 and knew it could squeeze in to close if selling didn’t pick up. Volume disappeared and the stock ended up rallying in to the close.