KSS Trade on May 14, 2015 11:37 from foldelinio_BOWS: Tradervue User Stock Trades.

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$

2ND DAY PLAY

Stops: 66$ for both trades
R: 3

Finally was on the right side. Short ahead of the LOD break with multible adds into the low volume pullback. I went overboard a little regarding size, so I closed 1/4 right away to keep my risk parameters intact. Scaled another 1/4 into the flush and closed the rest when it could not hold below 64$

The second trade was a little messy. I tried to short the 66$ retestand danced around my position a little, but the stock did not want to flush. I did not want to risk getting stopped out and bailed for a small winner.
The real trade happened a couple of minutes laterbut I did not trust the spike into 66$ on volume and and the lack of making lower lows so I skipped it. 65.80$ was a perfect spot to reenter, however, for a buck of downside.