RPM Trade on Apr 3, 2014 12:14 from sswiderBOWS: Tradervue User Stock Trades.

nice bear flag at low of day and round number, thought it would crash below $44. Stop loss was reached

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-03 12:14:12	RPM	sell	$44.010	short
2014-04-03 12:25:14	RPM	buy	$44.170	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RPM&trade=924630&end=20140503&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RPM&trade=924630&end=20140403160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-04-03 23:00:47

Looked good, great stop. This looks like a great loss to me.

sswiderBOWS

2014-04-04 08:28:27

I dont like shorting morning gappers but at same time i know that round numbers could be catalyst for hard falls.

RPM Trade on Apr 3, 2014 12:14 from sswiderBOWS: Tradervue User Stock Trades.

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