SPR Trade on Oct 25, 2012 11:52 from ckz8780: Tradervue User Stock Trades.

Gravatar

Shared by
ckz8780

 

Intraday 20sma short rejection. SPR had cracked lows already and had a weak bounce back up to the 5 min 20sma. I shorted when it showed weakness below $16.50 (round number) with a stop above the previous break spot ($16.71). I actually expected a flush to $15.86 and then a bounce, but it plummetted straight through $15.86. Covered because I couldn't argue with the money, but I definitely should have taken a bit more risk on this one (300-400 shares) and covered half/half so I could have really hammered this trade. Made $55.01


Execution detail:

Date/time Symbol Side Price Position
2012-10-25 11:52:31 SPR sell $16.480 short
2012-10-25 12:16:17 SPR buy $15.930 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in