RCII Trade on Apr 22, 2014 13:45 from mirko_BOWS: Tradervue User Stock Trades.

After a morning run up started showing weakness and started fading out making lower highs. Once it got coiled under the MAs shorted on the flag breakdown. Covered some into the flush to the VWAP and bailed out once it bounced back above the MAs missing some more profit on the flush later on.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-22 13:45:53	RCII	sell	$29.285	short
2014-04-22 13:45:54	RCII	sell	$29.285	short
2014-04-22 13:45:54	RCII	sell	$29.300	short
2014-04-22 13:45:54	RCII	sell	$29.285	short
2014-04-22 13:45:54	RCII	sell	$29.285	short
2014-04-22 14:01:48	RCII	buy	$29.105	short
2014-04-22 14:01:54	RCII	buy	$29.100	short
2014-04-22 14:07:56	RCII	buy	$28.990	short
2014-04-22 14:07:57	RCII	buy	$28.990	short
2014-04-22 14:12:22	RCII	buy	$28.880	short
2014-04-22 14:30:54	RCII	buy	$29.160	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RCII&trade=951685&end=20140522&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RCII&trade=951685&end=20140422160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

hawk_BOWS

2014-04-22 16:30:48

Nice trade...look to re-enter on tickers that you've had an eye on most of the day already.

mirko_BOWS

2014-04-22 17:13:44

Thanks mate!

You are right, not sure why but once I finish with a trade I tend to concentrate on finding other plays instead of having that once on my watch as well.

mick9800_BOWS

2014-04-23 06:10:28

stop at buy price for the last piece and you had this one nailed!

mirko_BOWS

2014-04-23 07:51:43

That's true but did not like the bounce above the resistance so I bailed out which was obviously a mistake but no regrets there.

RCII Trade on Apr 22, 2014 13:45 from mirko_BOWS: Tradervue User Stock Trades.

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