WWE Trade on Feb 5, 2014 09:45 from silverholden: Tradervue User Stock Trades.

I was watching this for continuation of the drop from yesterday. Once I had confirmation of downward move I waited for this to be near EMA support and shorted. I cover some on a spike down, and then accidentally shorted more and re-covered that. Covered the rest as it was coming back up. Tried this again a short while later after some consolidation, but stopped out the second time.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-05 09:45:42	WWE	sell	$22.220	short
2014-02-05 09:49:25	WWE	buy	$21.830	short
2014-02-05 09:49:28	WWE	sell	$21.920	short
2014-02-05 09:50:22	WWE	buy	$21.810	short
2014-02-05 09:50:58	WWE	buy	$21.910	0
2014-02-05 10:24:29	WWE	sell	$22.250	short
2014-02-05 10:33:50	WWE	buy	$22.340	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WWE&trade=830492&end=20140307&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WWE&trade=830492&end=20140205124850&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WWE&trade=830492&end=20140205111750&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

Comments

Gena_BOWS

2014-02-05 20:24:25

Stock already had 2 red days for pullback, makes shorting more risky on a momo stock like this. Also it has strong daily price support around 22 (see Mon thru Thur last week), so you were shorting a bit late in the game.

tomr_BOWS

2014-02-05 20:38:09

Don't see an intraday setup here.

jcbugos_BOWS

2014-02-05 21:05:15

Nice Scalp, a little late it broke at 22.43 ish, but great exit you couldn't get any lower.

WWE Trade on Feb 5, 2014 09:45 from silverholden: Tradervue User Stock Trades.

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