Shared by
Driver42_BOWS
Waited for this to decide which way it wanted to go.
Thought it might break off the trend line and 20ma to the upside, then decided to break to the downside through the 20ma and lower trendline.
I thought about shorting it hear its highs of candle but left it too late, which means I chased it a bit, which is dangerous with a stock like this.
Stopped out on a sudden bounce up through the 20ma again
Re-shorted at 44.95 after price could not hold over the 20ma and took some profit although not enough to get me back to green on this stock today
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-10 11:05:04 | GPRO | sell | $44.850 | short |
| 2015-04-10 11:15:58 | GPRO | buy | $45.160 | 0 |
| 2015-04-10 11:28:49 | GPRO | sell | $44.950 | short |
| 2015-04-10 12:54:31 | GPRO | buy | $44.750 | short |
| 2015-04-10 13:22:27 | GPRO | buy | $44.910 | 0 |
Comments
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GPRO was very sloppy on friday. Don't beat yourself up or change your plan in any way coz of that.