Shared by
firesky_BOWS
SHORT SWING POSITION: Looking for the rubberband snapback. It's outside the upper bollinger band with a previous not-so-great looking candle. Stop is at $14.19 with targets of $13.97 and $13.75. That translates to R/Rs of 1.0 and 3.0 respectively.
12/8/2014: Beginning looked hazy as the stock gapped past my stop. I held off on executing the stop until action during the day proved the price was valid, which it didn't and it came back down to below the stop. I decided to sell towards the EOD however, as the snapback didn't happen right away as I expected it to.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-05 09:31:00 | BSD | sell | $14.080 | short |
| 2014-12-08 15:45:00 | BSD | buy | $14.080 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!