SINA Trade on Jan 6, 2017 09:47 from TomB_BOWS: Tradervue User Stock Trades.

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TomB_BOWS

 

Setup (intraday): quick pullback buy/bear flag
Setup (daily): extended into resistance (50 MA)
Stop: 68.20
Reason for taking trade: extended and overbought going into resistance
Concerns:
Mistakes:
Anticipation/Confirmation: Anticipation
Market above or below 50 MA: Above

Missed the first entry of red to green. Waited for a pullback and got in early so only went in 1/2 shares. Sold 1/2 into support and got out the rest when it started curling and breaking MA's


Execution detail:

Date/time Symbol Side Price Position
2017-01-06 09:47:44 SINA sell $68.080 short
2017-01-06 12:22:42 SINA buy $67.310 short
2017-01-06 13:59:37 SINA buy $67.500 0


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