Shared by
youngcb1_BOWS
Bear flag setup. Entered a short position once it gradually started to move down twd support. Mental stop was at 62.80. The stock broke down and I covered some shares. It spiked some more and I covered and bought some more shares. I'm not sure why I sold more shares during the lower low. Once it reversed for a dead cat bounce and went red I sold some more shares. Then I began to cover shares as the stock continued to trend down.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-18 09:54:08 | RRC | sell | $62.670 | short |
| 2014-12-18 10:17:39 | RRC | buy | $61.720 | short |
| 2014-12-18 10:42:21 | RRC | sell | $60.850 | short |
| 2014-12-18 10:45:26 | RRC | buy | $60.840 | 0 |
| 2014-12-18 10:57:38 | RRC | sell | $61.170 | short |
| 2014-12-18 11:32:06 | RRC | buy | $60.500 | short |
| 2014-12-18 11:58:28 | RRC | buy | $60.020 | 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!