LINE Trade on Jul 9, 2013 09:59 from mbarattino_BOWS: Tradervue User Stock Trades.

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mbarattino_BOWS

 

looked like a dead cat bounce on the daily, thought this might be the day it comes back down again, shorted when it broke its 20 ema, covered half into the first flush and stopped out even on the last half, it was probably too extended going into the breakdown, probably needed to get this higher, but I thought it had too much support in the way to get it any higher

+$112.00


Execution detail:

Date/time Symbol Side Price Position
2013-07-09 09:59:00 LINE sell $25.810 short
2013-07-09 10:10:00 LINE buy $25.540 short
2013-07-09 10:49:45 LINE buy $25.800 0


Comments

2013-07-09 14:39:37
 

Yeah you could of got a better entry, but still not bad. Once it broke the morning range low it flush pretty hard. I would of covered all my shares into that flush. It was extended, 4 red candles in a row.

2013-07-09 21:05:54
 

better entry than others, at least. good idea to cover...pullback after gap up seems like a dangerous place to be Shorting. this thing is still down from 30s...

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