SHAK Trade on May 14, 2015 13:59 from dlaw_trades: Tradervue User Stock Trades.

Gravatar

Shared by
dlaw_trades

 

Shorted just as it broke support. Was watching that 2:00 marker. Held on into the close. I'm thinking I should have exited but trying experiment. Previous week price dropped from 78 - 62. Could have more room toward the downside.

Today 5/15 Shak opened with a gap up about 2 bucks. Sold 50 right away. Watched the first candle form and it dipped a little and then started to come back up. Sold 2nd 50 right before second candle. Should have sold yesterday.


Execution detail:

Date/time Symbol Side Price Position
2015-05-14 13:59:55 SHAK sell $71.400 short
2015-05-15 09:31:28 SHAK buy $67.485 short
2015-05-15 09:34:29 SHAK buy $66.870 0


Comments

2015-05-15 14:38:36
 

Good trade. The entry could have been higher- closer to 72, but you rode it down nicely.
Looking at the daily chart it is not something I would hold overnight.
But, you took your profit in a timely manner.
Well done

2015-05-15 22:26:34
 

Awesome range Dennis, way to go! now that's my kind of trading.

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in