Shared by
firesky_BOWS
SHORT SWING POSITION: Bear flag set-up. The SMAs are still far from the current price and strong selling volume on Friday didn't move the price much, so going in smaller than usual. Stochastics and MACD look better though. Stop price set at $13.01. First target set at $11.60 (flag bottom), second target set at $11.05 (just above nice even number of 11), R/Rs are 1.7 and 2.7 respectively.
9/15/2014: Hit my first target of $11.60, sold half, moving stop up to entry of $12.48.
9/22/2014: Got home from work early and liked where the price was at so I sold out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-08-25 09:30:00 | VOLC | sell | $12.480 | short |
| 2014-09-15 10:39:00 | VOLC | buy | $11.600 | short |
| 2014-09-22 15:58:00 | VOLC | buy | $11.120 | 0 |
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