Shared by
foldelinio_BOWS
200.92M float/10.90% short float/100% institutional
Stock down 10% on downbeat sales data, profits beating estimates however. I do like the daily chart since it's trading below key resistance of 70$, which was a former breakout spot. Sellers at 67$ lifted, currently trading above 67$. I want to be short against 69$, probably even against 68$ depending on the action at the open. Prob. 4$ downside, if it holds below 68$
Stop: 68$/ 67$
R: well deserved -1
The epitome of my trading this week and the turnaround at the same time.
Picture perfect short setup against the 68$ premarket level, I got in in front of it and got spiked out. Reentry a couple of seconds later, but instead of adjusting my stop to 20cts my brain went ballistic and I puked for no reson about 10 seconds later. Two FOMO add ons later in the day and I was absolutely crushed.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-14 09:39:21 | KSS | sell | $67.870 | short |
| 2015-05-14 09:39:41 | KSS | buy | $68.030 | 0 |
| 2015-05-14 09:40:03 | KSS | sell | $67.970 | short |
| 2015-05-14 09:40:13 | KSS | buy | $67.980 | 0 |
| 2015-05-14 10:05:12 | KSS | sell | $66.350 | short |
| 2015-05-14 10:07:30 | KSS | buy | $66.450 | 0 |
| 2015-05-14 10:24:14 | KSS | sell | $66.100 | short |
| 2015-05-14 10:26:34 | KSS | sell | $66.250 | short |
| 2015-05-14 10:27:20 | KSS | sell | $66.550 | short |
| 2015-05-14 10:28:01 | KSS | buy | $66.640 | 0 |
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