JCP Trade on Apr 2, 2015 09:54 from Driver42_BOWS: Tradervue User Stock Trades.

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Driver42_BOWS

 

Just over a month ago this stock reached a high of 9.18. The last two days have seen bigger than normal up days so I was anticipating a little pullback if it reached that level again.
Price seemed to turn down after reaching 9.14 for three candles running, so I shorted at 9.11.
Price broke down through the vwap and 9ema but bounced off the 20ma and broke up through the trend line. I should have exited there but hung on as the price did not seem to be heading for new highs.
However, after a few tests near the days high the price popped up to 9.20 just after hitting my stop at 9.17, which was one cent over the high of the day.


Execution detail:

Date/time Symbol Side Price Position
2015-04-02 09:54:00 JCP sell $9.110 short
2015-04-02 12:29:00 JCP buy $9.170 0


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