Float - 437M, FS% - 4.45%, ATR - .92, AVOL - 4.03M, RVOL - 5.2
Great set up on a great stock in play. ANRC had news on it it was liable for the fire in London that burned down a hotel. It had a small gap down. 22.70 was a key level pre market on the initial sell off. The bear flag broke and it got below that level. It then consolidated below and retested my ideal entry. I got in on the retest .62 with a stop above .70 the lowest wick of the wedge targeting .32 cents as that was the wick low of the .70 pre market level. I did a great job holding and selling into that level. I had good size. One miss was there was buying in the 30s and a spray to .60 where it failed again. I could have reshorted that or after that move it broke the .32 cents level gave another retest and went down to 21.75. I should have certainly been in that trade risk .05 or so cents to make .50.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-27 13:27:37 | ARNC | sell | $22.620 | short |
2017-06-27 13:36:23 | ARNC | sell | $22.620 | short |
2017-06-27 13:36:24 | ARNC | sell | $22.620 | short |
2017-06-27 13:45:57 | ARNC | buy | $22.350 | short |
2017-06-27 13:46:56 | ARNC | buy | $22.320 | short |
2017-06-27 13:46:56 | ARNC | buy | $22.320 | short |
2017-06-27 13:47:35 | ARNC | buy | $22.360 | 0 |
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!