GOGO Trade on Dec 24, 2013 09:33 from BScripter_BOWS: Tradervue User Stock Trades.

This was resting right on 50 DMA on the daily right around $24 so I was thinking a bounce if it showed strengh, short if it broke through. Once I saw it break the $24 mark on a green to red, which also took out the prior day long consolidation support, I shorted it. Scaled out as it flushed and moved stop down with the 9 EMA. I should've scaled out sooner as both the daily and 30 minute charts were showing very oversold stochastics.

Stop: 24.15
Target: 23.70

Reward to risk: 2

Execution detail:

Date/time Symbol Side Price Position

2013-12-24 09:33:35 GOGO sell $24.000 short

2013-12-24 10:02:59 GOGO buy $23.500 short

2013-12-24 10:30:03 GOGO buy $23.720 0

Date/time	Symbol	Side	Price	Position
2013-12-24 09:33:35	GOGO	sell	$24.000	short
2013-12-24 10:02:59	GOGO	buy	$23.500	short
2013-12-24 10:30:03	GOGO	buy	$23.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GOGO&trade=757624&end=20140123&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GOGO&trade=757624&end=20131224124003&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

December 26, 2013

nice!

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GOGO Trade on Dec 24, 2013 09:33 from BScripter_BOWS: Tradervue User Stock Trades.

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