Shared by
Driver42_BOWS
Big run up yesterday. Today opened with a big drop but then bounced and been trending up all day. Price hit 15min 50ma and 30min 20ma and then stalled. Price then went under 9ema and 20ma as it broke the trend line that has been in place most of the day, so I shorted it there.
Short 44.95 stop 45.25.
Nice semi flush to 49.51 which came and went in the blink of an eye. Moved stop on all to 44.9 to ensure I don't end up with a loss. Letting it all run.
Covered half at 34.34 (15min 20ma) which produced an immediate bounce back to 44.5, recovering the 5min 50ma.
Stop moved down to 44.8 (just above high of last candle and the 9ema)
Sto moved down to 44.70 as market will soon close
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-11 15:19:30 | ACAD | sell | $44.950 | short |
| 2015-03-11 15:33:00 | ACAD | buy | $44.340 | short |
| 2015-03-11 15:56:30 | ACAD | buy | $44.700 | 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!