TSLA Trade on Feb 23, 2016 13:47 from WesleyR_BOWS: Tradervue User Stock Trades.

SIM DAY #30

Shares traded: 1200
Closed P&L: $502.00

Had a great setup and play on this trade I feel. Stock was in a short term downtrend after flushing and then bear flagging, and then flushing again on the 5 minute candle chart. As it went to bear flag a second time, I got in on the short side, anticipating the trend to continue moving downwards. Was able to scale out and take profits all the way to the bottom of the plunge. As price began to retrace and bounce, I covered remaining shares for a solid profit still.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-02-23 13:47:02	TSLA	sell	$178.620	short
2016-02-23 13:48:42	TSLA	buy	$178.010	short
2016-02-23 13:53:09	TSLA	buy	$177.600	short
2016-02-23 13:56:25	TSLA	buy	$177.410	short
2016-02-23 14:01:46	TSLA	buy	$178.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=4251084&end=20160324&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=4251084&end=20160223160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=4251084&end=20160223142646&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jefftobin714_BOWS

2016-02-24 18:17:19

nice trade!

TSLA Trade on Feb 23, 2016 13:47 from WesleyR_BOWS: Tradervue User Stock Trades.

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