KNDI Trade on Mar 17, 2014 12:52 from Blake_BOWS: Tradervue User Stock Trades.

The stock was up over 25% on the day and it was crossing the EMAs for the first time all day, so I shorted it at 21.45. My target was the VWAP around the 20.65 area.

Right around the same time, MOBI did the same thing, but I didn't take that trade and it did exactly that. Maybe I over thought the trade, any thoughts?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-17 12:52:13	KNDI	sell	$21.450	short
2014-03-17 13:12:50	KNDI	buy	$21.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=897662&end=20140416&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=897662&end=20140317160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=897662&end=20140317160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-03-17 18:30:15

Was worth a shot but this was running on good earning, MOBI wasn't.

Blake_BOWS

2014-03-18 10:57:10

Sayed, do you think this is always an invalid setup? I mean wanting to go short on weakness when the stock has good earnings?

Sayed

2014-03-18 11:26:24

there is no such thing as 'always" they will work sometimes for scalp but trickier.

KNDI Trade on Mar 17, 2014 12:52 from Blake_BOWS: Tradervue User Stock Trades.

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