Shared by
firesky_BOWS
SHORT SWING POSITION: Bera flag with 20day SMA wrap, bearish volume, oversold short-term stochastics, and in the short-term, relatively bearish healthcare sector. I've placed my stop at $1.44, with targets at $1.38, $1.35, $1.30 and $1.24. Corresponding R/Rs are 1.0, 2.0, 3.7 and 5.7 respectively.
4/9/2015: Hit first target, took profit. Moved stop to just above the 20SMA at $1.43.
4/10/2015: Opened past second target and proceeded down to third target. Took profits. Stop moved to entry $1.41.
4/14/2015: Opened at stop, all out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-09 09:40:00 | GALE | sell | $1.410 | short |
| 2015-04-09 10:47:00 | GALE | buy | $1.380 | short |
| 2015-04-10 09:30:00 | GALE | buy | $1.330 | short |
| 2015-04-10 09:33:00 | GALE | buy | $1.300 | short |
| 2015-04-14 09:30:00 | GALE | buy | $1.410 | 0 |
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