YELP Trade on Jul 21, 2014 10:40 from chrisconnelly3: Tradervue User Stock Trades.

250 short for what i thought was a decent bearflag, everything was cracking in the market so this looked like a good bet for a short; on daily too.. i think i forced the setup a bit. -$62

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-21 10:40:34	YELP	sell	$67.708	short
2014-07-21 11:05:31	YELP	buy	$67.956	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=1167356&end=20140721122631&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=1167356&end=20140820&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-07-21 18:29:18

Tricky short with this stock being oversold. Also it was near the 50sma. So i would have been watching to see if it would have put in a lower low before trying to short it, but like I said it is oversold on daily so would have pass on it to the short side.

chrisconnelly3

2014-07-21 18:38:01

yea youre def right about the oversold aspect Nape.. definitely a trade i should have passed on.. i just thought it was using the 50dma as resistance now intraday at 67.90ish

YELP Trade on Jul 21, 2014 10:40 from chrisconnelly3: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax