OAS Trade on Feb 20, 2015 10:42 from ivanka_BOWS: Tradervue User Stock Trades.

ThinkorSwim announces: OAS will have a quarterly earnings report on **Wednesday, February 25, 2015 after the close of trading on the NYSE.

Setup - 20 DMA Bounce and a flag pattern - long

Daily chart - OAS has been bouncing off a 20 DMA for the past 3 weeks and staying in an uptrend overall. However, this is an oil stock and follows the overall movement of oil.

Intraday (5-min) - I am thinking Kunal traded this one for a 1-2-3 intraday setup. The setup worked, but it wasn't as explosive because it did not reach its HOD. My problem was that I had a tighter stop than him and I got stopped out and had a 10c loss.

Entry: $16.80
Stop: $16.70 (Kunal's stop was at $16.59 I believe)
Target: $17.20(failed to reach HOD)

Click on my scheen shot below:

Now I beginning to think that my tight stop losses will kill many of my good entries. So, need to figure out a way to better balance entries/stop losses.