Shared by
Rashod81_BOWS
I was using CSIQ and TSLR to anticipate the move in this stock; I never noticed how they move damn near the exact same way. I shorted and closed my position too soon. I thought that since it didn't make the same move of the others that it may just continue in a range. But now I know.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-27 10:59:54 | JKS | sell | $29.200 | short |
| 2014-01-27 11:00:00 | JKS | sell | $29.220 | short |
| 2014-01-27 11:00:03 | JKS | sell | $29.210 | short |
| 2014-01-27 11:00:03 | JKS | sell | $29.210 | short |
| 2014-01-27 11:35:01 | JKS | buy | $29.330 | short |
| 2014-01-27 11:35:23 | JKS | buy | $29.329 | short |
| 2014-01-27 11:35:45 | JKS | buy | $29.300 | short |
| 2014-01-27 11:35:45 | JKS | buy | $29.300 | 0 |
Comments
Nape_BOWS
Remember round numbers are major resistance/support level; so when a stock break above or below, it can really get moving with the proper setup behind it.
In this case you see when $29 bear flag broke, it flushed hard.
markmandy54_BOWS
Once dropped back below that 29 was the place to re-short with same stop as before.
Rashod81_BOWS
I had to cut out early. I had my work sked changed to Fri-Mon 1400-0000 so I could trade during the day. Mon's and Fri's are my trading half days
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Could have easily added back though.