OME Trade on Mar 10, 2016 09:35 from parkergreen: Tradervue User Stock Trades.

I Shorted $OME @15.68 for the orb. It gapped down on bad earnings. It broke the flag and I started covering my shares @15.01, 14.67, .95, and 15.20. I scaled out nicely and got more out of the move. I re-shorted it @15.37 as it pulled back on low volume to the breakdown area. It worked briefly and I covered a third of my shares @15.17 and it then hit my stop @ 15.55. Since I took some profits when I had them I actually broke even on this trade and lost no money!

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-10 09:35:39	OME	sell	$15.680	short
2016-03-10 09:35:39	OME	sell	$15.675	short
2016-03-10 09:35:39	OME	sell	$15.670	short
2016-03-10 09:35:39	OME	sell	$15.670	short
2016-03-10 09:35:39	OME	sell	$15.670	short
2016-03-10 09:39:17	OME	buy	$15.010	short
2016-03-10 09:39:29	OME	buy	$14.670	short
2016-03-10 09:40:19	OME	buy	$14.950	short
2016-03-10 09:45:55	OME	buy	$15.520	0
2016-03-10 09:46:35	OME	sell	$15.370	short
2016-03-10 09:46:35	OME	sell	$15.370	short
2016-03-10 09:46:35	OME	sell	$15.370	short
2016-03-10 09:48:02	OME	buy	$15.170	short
2016-03-10 09:52:23	OME	buy	$15.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OME&trade=4313634&end=20160409&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OME&trade=4313634&end=20160310121723&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-03-13 14:00:23

u got what u coudl.. look its the 4 down day in a row so it can often be an exhaustion gap so u didi good on this u got what u could but u didnt overstay ur welcome

OME Trade on Mar 10, 2016 09:35 from parkergreen: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax