Shared by
EvanTepper_BOWS
Went short into resistance as this was making lower highs and lower lows. Was very overbought at the time as well. Covered a portion near the lows and moved stop on the rest to lock in additional profit before getting stopped.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-06 12:56:20 | ZIOP | sell | $13.320 | short |
| 2015-03-06 12:56:25 | ZIOP | sell | $13.320 | short |
| 2015-03-06 12:56:25 | ZIOP | sell | $13.320 | short |
| 2015-03-06 13:30:37 | ZIOP | sell | $13.335 | short |
| 2015-03-06 13:30:37 | ZIOP | sell | $13.332 | short |
| 2015-03-06 14:07:06 | ZIOP | buy | $13.150 | short |
| 2015-03-06 14:32:49 | ZIOP | buy | $13.260 | short |
| 2015-03-06 14:32:49 | ZIOP | buy | $13.265 | short |
| 2015-03-06 14:32:50 | ZIOP | buy | $13.267 | short |
| 2015-03-06 14:32:50 | ZIOP | buy | $13.268 | short |
| 2015-03-06 14:32:50 | ZIOP | buy | $13.268 | short |
| 2015-03-06 14:32:50 | ZIOP | buy | $13.268 | short |
| 2015-03-06 14:32:50 | ZIOP | buy | $13.269 | 0 |
Comments
LPeriman_BOWS
2015-03-08 00:33:45
Although I don't really see what Bulls setup this is, I DO see what you were trying to do. The double bottom (aka 1-2-3) was a great place to exit.
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Im assuming you are drawing trendlines? Because the entry and even exit is spot on. Superb