CTRP Trade on May 14, 2015 11:09 from foldelinio_BOWS: Tradervue User Stock Trades.

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foldelinio_BOWS

 

131.14M float/6% short float/ 91.40% institutional
Up on Oppenheimer upgrade. Gapped to new ATH. Sexy daily, could be a runner.

Stop: 74.50$
R: 1.3

$CTRP was a morning runner, that quickly died. 74.50$ was an important leve, that held multible times. I wanted to be short below it, so I started with a feeler into downside momentum because I did not expect a pullback. First add was too low, which killed my average, so I had to bail in order to keep the trade positive in case of a 74.50$ remount.

I got back in, however, as soon as 73.50$ was under attack and was able to ride it for over a buck. Tried the same below 72$, but met some buyers down the way so I bailed. I should have reentered on the spike into 72.50$ for another 1$ downside.


Execution detail:

Date/time Symbol Side Price Position
2015-05-14 11:09:52 CTRP sell $74.290 short
2015-05-14 11:15:32 CTRP sell $73.900 short
2015-05-14 11:17:30 CTRP buy $73.550 short
2015-05-14 11:23:00 CTRP sell $73.950 short
2015-05-14 11:26:03 CTRP buy $74.120 0
2015-05-14 11:57:03 CTRP sell $73.630 short
2015-05-14 12:20:00 CTRP buy $72.290 0
2015-05-14 13:14:14 CTRP sell $71.930 short
2015-05-14 13:19:33 CTRP buy $72.090 0


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