YELP Trade on Jul 23, 2014 13:26 from pstark89: Tradervue User Stock Trades.

I shorted YELP as it was staying below the 9 day ma and sloping down. I thought the risk reward was good so took the shot. It bounced above so I stopped out above the high of the candle that was above the ma. Any thoughts on something I might have missed looking at the short?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-23 13:26:46	YELP	sell	$68.320	short
2014-07-23 13:32:32	YELP	buy	$68.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=1171239&end=20140822&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=1171239&end=20140723160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jschrager23_BOWS

2014-07-23 15:04:00

yeah, this chart was all over the place. No clear trend. The place you shorted at was a clear support on the 5min...

Sayed

2014-07-23 19:17:27

To late or short. Stock is in a range. Also it didn't gave news or earning miss.

YELP Trade on Jul 23, 2014 13:26 from pstark89: Tradervue User Stock Trades.

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