ORCL Trade on Jul 23, 2014 09:31 from firesky_BOWS: Tradervue User Stock Trades.

SHORT SWING POSITION
This trade was stupid and I know I shouldn't of put my stop both so close to the buy price and at a stupid point to top it off. Earlier I had seen the tap-tap-tap off the 20day SMA resistance after the gap down, and there was a trendline resistance on the daily that's been holding lately. Stupid me, I used the 20SMA line (which was previously resistance but had already broken down) as resistance instead of the trendline above it. It wasn't a mistake unfortunately, I actually did that on purpose. UGH! I will learn!

I still like the trade however and will probably short here again with better entry/stops.