I was watching this for a continuation on the drop from the previous day on bad news. It did not disappoint, and I shorted after this pulled back near support so I had pretty low risk. Scaled some out at the first rest point, and then rode my stop down the 20 EMA until I stopped out. I almost covered when it dipped below 44, but decided to hold and see if it had any more.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-18 09:48:52 | GNC | sell | $44.550 | short |
2014-02-18 10:35:37 | GNC | buy | $44.150 | short |
2014-02-18 11:48:53 | GNC | buy | $44.280 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!