Shared by
ckz8780
Intraday breakdown. Perfect entry though it was a bit extended going into it, the trade worked really well. Stop was just a few pennies over $55.00 once it cracked. Before that just 20-25 cents max. I was up over $600 on this but gave back a lot thinking it would crack that $54.20 area too but it waited for quite a while before it finally did. Added on the bounce but then covered it all flat. Nice trade overall.
1000 shares
+$395.00 (1.55%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-08-27 10:02:00 | CREE | sell | $55.140 | short |
| 2013-08-27 10:03:30 | CREE | buy | $54.840 | short |
| 2013-08-27 10:16:29 | CREE | buy | $54.300 | short |
| 2013-08-27 10:48:58 | CREE | sell | $54.920 | short |
| 2013-08-27 11:10:14 | CREE | buy | $54.960 | 0 |
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