Shared by
firesky_BOWS
SHORT SWING POSITION: Looking for rubberband snapback as the stock is overextended on both its daily chart and weekly chart. Last candle happens to be a "hanging man". Stop placed at $23.01 with targets at $22.21, $22.08, and $21.25. Corresponding R/Rs are 1.6, 2.0 and 4.7 respectively.
2/26/2014: Out within 10 minutes of trade as stop was hit.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-02-26 09:31:00 | DEPO | sell | $22.700 | short |
| 2015-02-26 09:40:00 | DEPO | buy | $23.010 | 0 |
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