INCY Trade on Jan 12, 2017 10:09 from JIP_BOWS: Tradervue User Stock Trades.

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JIP_BOWS

 

I was watching this for a short as it had been up 6 days, put in a exhaustion candle, then a bearish engulfing candle the prior day. So I'm thinking this stock is going to gap fill. It gapped down a tad at the open but hit support at $113 and had an ORB. I was late to it rolling over but had a decent gain. I shorted again a little later thinking it was running into VWAP and it went the other way on me. I learned from reviewing afterward that I should have been more adaptable to what the stock was doing and longed the trade. I was able to cover for a small loss on a pullback to VWAP.


Execution detail:

Date/time Symbol Side Price Position
2017-01-12 10:09:41 INCY sell $115.320 short
2017-01-12 10:25:52 INCY buy $114.530 0
2017-01-12 10:35:12 INCY sell $115.080 short
2017-01-12 11:39:43 INCY buy $115.380 0


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