MPC Trade on Jun 25, 2014 10:12 from Markmandy54: Tradervue User Stock Trades.

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Markmandy54

 

Gap down and rises on low volume to the falling 9Ma. Short with stop -.60 (waited for confirmation). Target +1.50. Stopped for loss.


Execution detail:

Date/time Symbol Side Price Position
2014-06-25 10:12:50 MPC sell $81.250 short
2014-06-25 10:20:09 MPC buy $81.800 0


Comments

2014-06-27 07:40:29
 

I find that set up hard to time but really like playing it as well esp when it has bad news. But it is a bit of a hit and miss as the timing has to be perfect. Usually, if it bounces off the ema's, I will get out flat and wait for a double top to form. But if it makes a higher high, then I forget about it.

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