Shared by
firesky_BOWS
SHORT SWING POSITION: Bear flag on the daily with the 20SMA supporting. In long-term downtrend. I've placed my stop at $46.07, with targets at $43.60, $42.85, $41.00 and $39.00. Corresponding R/Rs are 1.3, 2.0, 3.7 and 5.6 respectively.
8/21/2015: Hit first target, took profit.
8/24/2015: Hit next two targets immediately. Took profit.
8/25/2015: Came back and hit my stop (moved it to above previous day's high). All out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-17 10:38:00 | CAB | sell | $45.000 | short |
| 2015-08-21 09:31:00 | CAB | buy | $43.600 | short |
| 2015-08-24 09:30:00 | CAB | buy | $41.190 | short |
| 2015-08-24 09:31:00 | CAB | buy | $41.000 | short |
| 2015-08-25 11:51:00 | CAB | buy | $42.410 | 0 |
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