CLDX Trade on Jul 8, 2013 09:51 from RaeTrades: Tradervue User Stock Trades.

Setup: Breakdown, Downtrend
Risk: Stop for me was gonna be above the current five minute bar. risked about 20 cents or so
Breakdown: Been trading this stock the last few days. Big momentum to the high side RSI was pretty high. Looked prime for a reversal. Once it broke the LOD again I jumped in short and took some decent profit.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-08 09:51:44	CLDX	sell	$20.820	short
2013-07-08 09:55:04	CLDX	buy	$20.490	short
2013-07-08 09:55:14	CLDX	buy	$20.510	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=508584&end=20130807&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=508584&end=20130708122514&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=508584&end=20130708105314&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CLDX&trade=508584&end=20130708105314&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-07-08 22:21:08

big chase watch chasing such a large move downside till it settles a bit

RaeTrades

2013-07-08 22:23:21

Yeah agreed. This one looked like it gained too much on the daily and the downmove would of continued. Still might tomorrow morning. Agreed I didn't catch the first move down.

CLDX Trade on Jul 8, 2013 09:51 from RaeTrades: Tradervue User Stock Trades.

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