NRG Trade on Jul 23, 2012 15:13 from ckz8780: Tradervue User Stock Trades.

Attempted to short a bounce to the 20sma on the 5 min chart but it failed to hold the price down. I can't see it on this chart but I suspect the price had tapped the 20sma multiple times before this and like any resistance zone there are only so many times the price can hit it before it breaks through. Overall a good trade as it was low risk and well-managed. Covered 400sh for a loss of $19.64.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-07-23 15:13:38	NRG	sell	$19.421	short
2012-07-23 15:28:53	NRG	buy	$19.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NRG&trade=205386&end=20120822&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NRG&trade=205386&end=20120723160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NRG&trade=205386&end=20120723155353&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

NRG Trade on Jul 23, 2012 15:13 from ckz8780: Tradervue User Stock Trades.

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