Shared by
pstark89
I shorted YELP into resistance after I filled the gap. I was a little early on the first entry but doubled down as it rose higher into the actual resistance level at 50.10. Covered the shares periodically on the flush. I tried to short once more when it looked like it would fail that 50 level but wasn't feeling it. Stock was too strong and there was a potential triple tap to break through that resistance which it eventually did.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-08 10:01:19 | YELP | sell | $49.610 | short |
| 2015-05-08 10:03:54 | YELP | buy | $49.800 | short |
| 2015-05-08 10:04:35 | YELP | sell | $49.730 | short |
| 2015-05-08 10:05:36 | YELP | sell | $50.150 | short |
| 2015-05-08 10:06:36 | YELP | sell | $50.270 | short |
| 2015-05-08 10:09:56 | YELP | buy | $49.800 | short |
| 2015-05-08 10:10:22 | YELP | buy | $49.650 | short |
| 2015-05-08 10:25:14 | YELP | buy | $49.760 | short |
| 2015-05-08 10:29:39 | YELP | buy | $49.780 | short |
| 2015-05-08 10:33:18 | YELP | buy | $49.470 | short |
| 2015-05-08 10:38:40 | YELP | buy | $49.230 | 0 |
| 2015-05-08 11:29:49 | YELP | sell | $49.950 | short |
| 2015-05-08 11:39:05 | YELP | buy | $50.200 | 0 |
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