Shared by
Gavin_Stosiek
Reason For Entry
I saw it approaching the previous HOD and my aim was to short into that level of resistance I got a pretty good entry basically at the HOD only with small position size then once it showed red I shorted another 100 shares and caught a nice 10 cent move. Only $18 but still is a winner and something I think I could repeat.
Lesson Learned
Short into areas of resistance if overbought. Wait for confirmation to add size.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-01-12 12:00:00 | TBIO | sell | $1.100 | short |
| 2017-01-12 12:00:00 | TBIO | sell | $1.100 | short |
| 2017-01-12 12:00:00 | TBIO | sell | $1.080 | short |
| 2017-01-12 12:00:00 | TBIO | buy | $0.9967 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!