NBIX Trade on Jan 7, 2014 14:09 from EL_BOWS: Tradervue User Stock Trades.

Shorting a stock that's been running like a queen all day: stroke of genius!

It kept tapping the 9EMA and then dropping back down. Finally cracked it and then came smashing back through. Bought after this (9 crossed 20, couldn't hold up) and it immediately flushed. Covered half into a quick spike. Re-upped at the price I'd covered when it looked very much like a bear flag (big volume on the way down, two light dead-cat bounce candles). Covered when it crossed the 9 and 20 EMA.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-07 14:09:11	NBIX	sell	$17.730	short
2014-01-07 14:13:10	NBIX	buy	$17.530	short
2014-01-07 14:27:24	NBIX	sell	$17.530	short
2014-01-07 14:33:26	NBIX	buy	$17.780	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=774213&end=20140206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=774213&end=20140107160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=774213&end=20140107160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

NBIX Trade on Jan 7, 2014 14:09 from EL_BOWS: Tradervue User Stock Trades.

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