AKRX Trade on Mar 10, 2015 10:38 from EliBrown: Tradervue User Stock Trades.

Gapped down on a negative PR today. I should not have took this trade. I shorted it while it was running into all kinds of support on the daily chart and hitting the 50 SMA. I didn't analyze this one enough before taking. I shorted 200 shares at 44.25 with a stop at 44.61. It did look like the stock was making a bear flag here but there was no time frame alignment for it to have any follow through. The stock made a 1-2-3 reversal shortly after, breaking above the 9 EMA and I was stopped out at 44.63.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-10 10:38:08	AKRX	sell	$44.250	short
2015-03-10 11:05:02	AKRX	buy	$44.630	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AKRX&trade=2044310&end=20150409&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AKRX&trade=2044310&end=20150310132502&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AKRX&trade=2044310&end=20150310112602&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Driver42_BOWS

2015-03-11 07:49:17

Not only a 123 but look at the trend line from 10am green candle to 11am pop

EliBrown

2015-03-11 18:41:33

Ahh I see it. Would have been a nice long right there if anything.

AKRX Trade on Mar 10, 2015 10:38 from EliBrown: Tradervue User Stock Trades.

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