ARWR Trade on Mar 5, 2014 14:15 from EL_BOWS: Tradervue User Stock Trades.

Shorted on break of $26. Accidental cover when trying to set buy limit. Re-shorted on next break of $26 as bear flag got sexier and MAs crouched down on it. Covered when it popped over previous resistance/MA.

Question: I shorted this because it was extended on the daily after the gap and morning run up even though it went against the daily gap. Thoughts on this?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-05 14:15:36	ARWR	sell	$25.980	short
2014-03-05 14:16:11	ARWR	buy	$25.940	short
2014-03-05 14:24:04	ARWR	sell	$25.990	short
2014-03-05 14:27:57	ARWR	buy	$26.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=870219&end=20140404&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=870219&end=20140305160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=870219&end=20140305160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-03-05 19:04:29

It was not extended on daily. This is a gap up on positive news. This was a strong bullish stock.

Sayed

2014-03-05 19:16:29

I would not have touched it. 1st day momo is hard to short on this Bull Market where stock has been running for days! Check TKMR, it could have gone the same way.

ARWR Trade on Mar 5, 2014 14:15 from EL_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax