NUVA Trade on Oct 10, 2013 09:41 from TheCAG_BOWS: Tradervue User Stock Trades.

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TheCAG_BOWS

 

Grabbed this from the BOWS Blog via MB.

Originally it was supposed to be a Flat Top Breakout. But I missed the Gap Up/Morning Run Up. So I decided to Short it.

Setup: Rubberband Snapback or a Quick Pullback Buy

Entry Price: $25.21

Exit Price: $24.98

I know 3 cents isn't much of a gain but I had to leave my desk so I just closed out.

Edit bethomasBOWS corrected me and said, "It looks like it was 0.23 instead of 0.03." I can't do math. Clearly I'm in the right racket j/k


Execution detail:

Date/time Symbol Side Price Position
2013-10-10 09:41:36 NUVA sell $25.210 short
2013-10-10 09:42:01 NUVA sell $25.220 short
2013-10-10 09:42:09 NUVA sell $25.210 short
2013-10-10 09:42:11 NUVA sell $25.210 short
2013-10-10 09:50:24 NUVA buy $24.940 short
2013-10-10 09:50:40 NUVA buy $24.990 short
2013-10-10 09:50:40 NUVA buy $24.980 short
2013-10-10 09:50:40 NUVA buy $24.990 short
2013-10-10 09:50:40 NUVA buy $24.990 0


Comments

2013-10-10 10:36:24
 

Nice entry

2013-10-10 10:51:34
 

Thanks Nape

2013-10-10 14:06:33
 

Great entry, sell partial, put a stop at break even, leave that desk and come back to either all cash or a nice + several points up.

2013-10-10 14:24:46
 

It looks like it was 0.23 instead of 0.03. Not too bad

2013-10-10 16:48:24
 

Sorry, but there is no logic in shorting a stock that has just broke through a resistance level. The play would have been to go long on the break of 25. It was pure luck that your short worked.

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