Shared by
jmoscate_BOWS
Play: ORB/Unable to break VWAP
Gapped down, tried to break above VWAP but couldn't. Took it as it was breaking the opening range. I tried adding some more again, testing it out. A conference call was scheduled around 10 so I didn't want to hold too many shares in case some positive news came out. Apparently, it did as it squeezed and a lot of buyers came in. I wanted a tight stop in this case which was a good idea.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-19 09:46:53 | SM | sell | $74.400 | short |
| 2014-02-19 09:49:46 | SM | buy | $74.060 | short |
| 2014-02-19 09:51:38 | SM | buy | $73.560 | short |
| 2014-02-19 09:53:12 | SM | sell | $73.230 | short |
| 2014-02-19 09:53:41 | SM | buy | $72.900 | short |
| 2014-02-19 10:02:46 | SM | buy | $72.770 | short |
| 2014-02-19 10:07:03 | SM | buy | $73.620 | 0 |
Comments
Leave a comment about this trade!
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!
Nicely played on that B/D