GENE Trade on Feb 17, 2015 14:58 from ivanka_BOWS: Tradervue User Stock Trades.

I traded GENE in the morning session on the long side but it did not work out. Below is my trade in the afternoon, when I shorted this stock.

Explanation:
On a daily chart - GENE was a great flat top breakout play 2 days ago. It finished completely out of the upper Bollinger band one day ago, and looked like a great Rubber Band Snap-Back play today.
Intraday (5-min candle) - after the initial sell off, GENE wasn't doing much, until a little run around lunch time and then started making lower highs and lower lows. I watched it closely for the final 2h in the market, and anticipated a break under $9 and short sell trade.
Entry was at $9.10 and the break of 9 EMA on the downside. I covered some shares immediately into the spike down, and then pilled off more with the next 2 candles expecting to reach LOD (got pretty close to it).
So, I got to my target of $8.70ish and kept a small position for the lotto which got stopped.