LEN Trade on Apr 17, 2015 14:11 from Driver42_BOWS: Tradervue User Stock Trades.

Gapped down past the 50ma on the daily chart at the open.
Tried to pull back after taking a tumble.
I shorted it after a triple tap on the trendline after a failed attempt to stay above the 50ma, 20ma and vwap. This was also a bounce off the 15min 20ma and the 30min 9ema.
Stop at 48.65, which is quite wide but market is going down.
Target one is 48.32, a couple of cents above the low of the day, but may take profits sooner.
Stopped out at 48.65 which was right on the 5min 20ma. I should have given it a couple of cents extra although it's not certain that would have helped.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-17 14:11:10	LEN	sell	$48.520	short
2015-04-17 14:11:10	LEN	sell	$48.520	short
2015-04-17 14:47:16	LEN	buy	$48.650	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LEN&trade=2416950&end=20150517&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LEN&trade=2416950&end=20150417160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LEN&trade=2416950&end=20150417160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-04-19 10:50:20

its a chase.. stock too extended to short there iontrady

LEN Trade on Apr 17, 2015 14:11 from Driver42_BOWS: Tradervue User Stock Trades.

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