Shared by
ckz_paper
Intraday short breakdown. $8.75 was a significant pre-market and early support level. Shorted 750 there with a stop above the most recent resistance at $9. It just so happened that $9 was also the 20sma on the 5 minute chart so it would have been much lower risk to short it on the bounce that you can see immediately after my short. Anyway, good trade but could have been better if I shorted the bounce. +$168.75 overall.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-08-10 10:08:03 | JNS | sell | $8.750 | short |
| 2012-08-10 11:20:13 | JNS | buy | $8.630 | short |
| 2012-08-10 12:24:25 | JNS | buy | $8.420 | 0 |
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