CNC Trade on Sep 20, 2012 09:48 from ckz8780: Tradervue User Stock Trades.

This stock had been on watch all week for a break below $37. Of course on the day it broke it gapped down and busted my setup (lol this always seems to happen!), but I was able to find a spot at $36.50 to enter. I decided afterwards that it was too extended on the 30 min chart (see below how extended it was to the downside when I shorted) and that I wanted to wait for a better setup, perhaps a base at the $36.30 area of the daily chart. So I decided to get out quickly and wait. Covered for a $10 gain.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-09-20 09:48:11	CNC	sell	$36.470	short
2012-09-20 09:48:12	CNC	sell	$36.470	short
2012-09-20 09:56:16	CNC	buy	$36.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CNC&trade=253661&end=20121020&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CNC&trade=253661&end=20120920122116&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CNC&trade=253661&end=20120920160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CNC Trade on Sep 20, 2012 09:48 from ckz8780: Tradervue User Stock Trades.

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