Shared by
J2WS
200 was an after hour earnings level, unable to hold above it the following day. Short swing position.
Added to short based on a Hourly failure against a previous resistance area.
Added to short based on a Daily uptrend break. It may start rolling over here along with the MA's.
Covered some because ex-dividend is coming up.
Covered some after pre-market gap down.
Covered some during the intraday.
After further consideration, I decided to close the trade into ex-dividend date. The thought of having to come out of pocket at a later date will mess with my portfolio too much.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-07-18 11:06:13 | IBM | sell | $199.600 | short |
| 2013-07-18 11:06:13 | IBM | sell | $199.600 | short |
| 2013-07-18 15:59:22 | IBM | buy | $197.800 | short |
| 2013-07-23 12:58:14 | IBM | sell | $195.480 | short |
| 2013-07-23 14:53:06 | IBM | sell | $195.885 | short |
| 2013-07-31 12:46:23 | IBM | sell | $195.180 | short |
| 2013-08-05 15:26:21 | IBM | buy | $195.610 | short |
| 2013-08-05 15:26:21 | IBM | buy | $195.610 | short |
| 2013-08-06 08:27:15 | IBM | buy | $193.000 | short |
| 2013-08-06 08:37:57 | IBM | buy | $193.000 | short |
| 2013-08-06 09:45:08 | IBM | buy | $191.300 | short |
| 2013-08-06 15:57:54 | IBM | buy | $190.719 | 0 |
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