Shared by
tomr_BOWS
Daily: ER/PR Gap-up
Intraday: Multiple
Gain: $155
Trade stock multiple times.
Trade #1: Thought it was a quick pullback play but I'm not sure it qualifies. Took big risk because VWAP and 9EMA were far below price. Took quick profit but got stopped out for remainder for an overall loss on the trade.
Trade #2: Took short position when stock was flagging. Scaled out when I hit profit target and when stock mad new LOD. Sold last shares when it crossed resistance. Could have taken another trade for a squeeze-zone play.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-20 09:50:50 | ORMP | buy | $12.400 | long |
| 2013-12-20 09:55:11 | ORMP | sell | $12.640 | long |
| 2013-12-20 09:58:05 | ORMP | sell | $12.120 | long |
| 2013-12-20 09:58:05 | ORMP | sell | $12.120 | 0 |
| 2013-12-20 12:11:23 | ORMP | sell | $11.060 | short |
| 2013-12-20 12:11:23 | ORMP | sell | $11.050 | short |
| 2013-12-20 12:11:23 | ORMP | sell | $11.050 | short |
| 2013-12-20 12:11:23 | ORMP | sell | $11.050 | short |
| 2013-12-20 12:37:23 | ORMP | buy | $10.800 | short |
| 2013-12-20 13:15:43 | ORMP | buy | $10.400 | short |
| 2013-12-20 13:48:50 | ORMP | buy | $10.600 | 0 |
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