KBH Trade on Sep 21, 2012 14:31 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

Longside intraday short breakdown. KBH had been running up all day and I had noticed the sell off back to the 20sma from 1:20pm to 2pm was on heavier volume then the spike back up to highs got sold off hard. With that as my leading indicator I assumed it was good for a scalp back to $15 sicne it was unable to break thouse highs or hold the 20sma or support at $15.23. Shorted at $15.21 and covered $15.09/$15.05. Easy and very probable scalp for a quick 30 bucks!

Here's a bigger chart:

http://twitpic.com/awzl3m/full


Execution detail:

Date/time Symbol Side Price Position
2012-09-21 14:31:46 KBH sell $15.210 short
2012-09-21 14:31:47 KBH sell $15.210 short
2012-09-21 14:38:14 KBH buy $15.090 short
2012-09-21 14:42:14 KBH buy $15.050 0


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