CHTP Trade on Jan 15, 2014 12:59 from silverholden: Tradervue User Stock Trades.

I had been watching CHTP since last night when it gapped up. I kept a short in mind as it dropped, and when it broke EMA support in the afternoon I shorted it. I had my stop set at 4.69. I was anticipating resistance at 4.35 due to the 9 EMA on the 30 minute, so I put an initial target of 4.40. hen that triggered to cover half, I trailed my stop order down with the 9 EMA, and when I saw the price flattened I covered the rest. I am pleased with this trade, fairly low risk, although I could have a little better entry if I was paying better attention a few minutes earlier.