Good trade overall. Here's a chart - the tradervue one is a day off for some reason:
Shorted the breakdown of $35.25 but it wasn't strong enough to keep falling. Covered when it broke over the 20sma indicating a reversal. Lost $24. Well-managed trade though and minimal loss with great reward to risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-08-10 02:46:11 | TRIP | sell | $35.200 | short |
2012-08-10 03:34:48 | TRIP | buy | $35.240 | 0 |
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