NOAH Trade on Apr 10, 2015 13:33 from Driver42_BOWS: Tradervue User Stock Trades.

Daily parabolic. Shorted intraday.
Broke the trendline after a bounce off the 20ma.
This stock had been called for a short on twitter by the bulls crew.
I had been watching it anyway so I didn't enter it just on their call but I did not get a good entry.
I have to get in earlier and nail the entries at the moving averages.
Stopped out soon after for a small loss.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-10 13:33:47	NOAH	sell	$29.050	short
2015-04-10 13:47:37	NOAH	buy	$29.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=2360126&end=20150510&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=2360126&end=20150410160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NOAH&trade=2360126&end=20150410160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

StevenBurt_BOWS

2015-04-12 15:48:58

Also remember that when you are shorting parabolics that you need to get out quick if the trade doesn't start working right away. A short squeeze can cause the stock to rip against you as everyone tries to cover.

NOAH Trade on Apr 10, 2015 13:33 from Driver42_BOWS: Tradervue User Stock Trades.

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