NBIX Trade on Jan 8, 2014 11:14 from silverholden: Tradervue User Stock Trades.

I had NBIX on my watch list from yesterday for a quick short scalp. I caught this right as it broke MA and VWAP support, which minimized risk. My stop was 17.76. Scaled out half on the way down, and the rest when it looked like it bottomed. My target area was 17.25, as I thought it would have support there, and that is where it bounced. Later I was away from my desk, and missed a couple more opportunities to do the same thing. Trading small position sizes, I made 30.75.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-08 11:14:33	NBIX	sell	$17.690	short
2014-01-08 11:25:43	NBIX	buy	$17.495	short
2014-01-08 11:43:44	NBIX	buy	$17.270	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=775961&end=20140207&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=775961&end=20140108200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NBIX&trade=775961&end=20140108140344&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-01-09 01:47:10

ill take it. great entry

NBIX Trade on Jan 8, 2014 11:14 from silverholden: Tradervue User Stock Trades.

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