GENE Trade on Feb 20, 2015 13:46 from ivanka_BOWS: Tradervue User Stock Trades.

I don't think GENE is a pump-and-dump deal, but if the stock jumps from $1.50 to $11 within 2-3 weeks, without any major change in the company, it most likely is a short term hype, and will go down to much lower levels, potentially to where it started.

Setup - Rubber band snap back (overextended stock) - parabolic short

Daily chart - GENE has had a nice run up in a short period of time and has reached that overbought signal and being to0 stretched to the upside, I have been watching it for a potential short trade.

Intraday (5-min) - it's been trending down the whole morning session, but I wasn't paying attention to it. When I looked at it, the price already dropped about 20%, and made me wonder if it could go lower. I entered into a short position but did not stay long unfortunately. Other trades I made earlier that day made me upset and I really did not focus properly to this stock, which could have been a nice winner all day.

Entries: $7.41, $7.28, $7.20, $7.02, and $7
Stop: 10c stop loss at all times (adjusting as the price moves)
Target: $7 and below

Click on my scheen shot below:

Screenshot is a little busy with those arrows, abd they only point where my entries are, that's all