Shared by
Emilie_BOWS
Daily: earnings break down
Intraday:
- 1st entry on the ORB, stop above VWAP
- 2nd entry on break down of bear flag underneath $24, the 9 EMA was close above, stop above $24, scaled out around 23.5
- 3rd entry on another bear flag break
I guessed it would target $23 so I put my limit order just above and then got all out when I saw the green candle on higher volume.
This is a big-floater so the move wasn't huge. However, I love trading big-floaters because they usually move slow and fairly predictably which means I make less mistakes trading them.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-04 09:55:19 | CTL | sell | $24.070 | short |
| 2017-05-04 10:30:04 | CTL | sell | $23.910 | short |
| 2017-05-04 11:24:13 | CTL | buy | $23.470 | short |
| 2017-05-04 11:50:06 | CTL | sell | $23.540 | short |
| 2017-05-04 12:25:52 | CTL | buy | $23.100 | short |
| 2017-05-04 12:38:19 | CTL | buy | $23.230 | 0 |
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