TECK Trade on Jan 26, 2017 12:04 from tee: Tradervue User Stock Trades.

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tee

 

I shorted because I saw a potential double top on daily if you take away that crazy top tail. Yesterday's full body green candle couldnt follow through to the upside. I felt I missed the first short opportunity earlier in the morning. With one catalyst in the books (missed the first short) I shorted the breakdown/retest of the intraday pivot level. Stop was above that pivot line.
I got the flush and was happy with it. Truly I was looking at more downside on the daily but after being late in this move, I did not want any green to reds so I covered. Had I entered earlier in the morning, I would have definitely held overnight since I would have had more room to stay green. Turns out the swing idea would have paid right.


Execution detail:

Date/time Symbol Side Price Position
2017-01-26 12:04:08 TECK sell $25.660 short
2017-01-26 12:40:07 TECK buy $25.440 0


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