Shared by
firesky_BOWS
SHORT SWING POSITION: Bear flag in a downtrend with 20day SMA curling over. Also overbought in the short term and volume looks good. I've placed my stop at $68.80, with targets at $63.03, $56.60 and $48.50. Corresponding R/Rs are 1.3, 3.9 and 7.1 respectively.
8/21/2015: Hit first target. Took profit.
8/25/2015: Opened above stop, sold out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-19 10:03:00 | URI | sell | $66.300 | short |
| 2015-08-21 09:43:00 | URI | buy | $63.030 | short |
| 2015-08-27 09:30:00 | URI | buy | $65.000 | 0 |
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