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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