THC Trade on Apr 4, 2013 10:56 from Timpalmer13: Tradervue User Stock Trades.

this was a nice second day play this was my plan from previous day
THC- 44 yesterdays low- below that focus short, 43.50 potential LT support but not a huge level

missed the initial short below 44 as i wasnt on the desk. did have a really nice pullback consolidation. had stop above 50 cents so i didnt get as big as I wanted. possibly could have kept a tighter stop for one lot but a little thin .

think i covered the right spot. broke trendline and consolidated then took out 80 cents. could have been a nice reversal trade with how tight the buying was at 75-73 cents. instead i added 78 cents which i was happy with- planning to cover 82 cents but got slipped. happy with how i traded it. was going to add more if it held below 73 cents.

in the end dissapointed with my bottom line in this trade but think i traded it the correct way. with more size on the entry i could have held a core.