MCHX Trade on Mar 27, 2014 10:57 from Spartan_Trader: Tradervue User Stock Trades.

ER/PR short play. Unable to break above 9 ema.
Shorted first batch @ 10.40 with stop @ 10.53. When it tested the 9 ema once more and faded I added another batch, an average of 10.39. As it faded with ema's pushing it down, I lowered my stop to 10.45 (.6c risk/850 shares)
Sold position @ 10.25 as there was support around .20-23 level.
P&L: +$119.25

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-27 10:57:17	MCHX	sell	$10.400	short
2014-03-27 11:01:11	MCHX	sell	$10.405	short
2014-03-27 12:20:18	MCHX	sell	$10.380	short
2014-03-27 13:17:12	MCHX	buy	$10.250	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MCHX&trade=914271&end=20140426&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MCHX&trade=914271&end=20140327150212&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

MCHX Trade on Mar 27, 2014 10:57 from Spartan_Trader: Tradervue User Stock Trades.

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