ACAD Trade on Jul 14, 2016 12:15 from JamesDover_BOWS: Tradervue User Stock Trades.

This stock was pulling back hard the previous day. After my morning G/R play I shorted it again on a 15 minute chart when I saw this nice bear flag developing. I knew there wasn't much juice since there were quite a few support levels nearby. But the pattern and trend was so strong that I scaled in with my stop above the VWAP (on a 15 min).

It eventually brokedown nicely, and I sold the last half near what became LOD because I had a trendline there from a larger timeframe.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-07-14 12:15:40	ACAD	sell	$32.360	short
2016-07-14 12:26:58	ACAD	sell	$32.330	short
2016-07-14 13:05:17	ACAD	buy	$32.150	short
2016-07-14 13:19:45	ACAD	buy	$32.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACAD&trade=4719047&end=20160813&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACAD&trade=4719047&end=20160714160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ACAD&trade=4719047&end=20160714160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ACAD Trade on Jul 14, 2016 12:15 from JamesDover_BOWS: Tradervue User Stock Trades.

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