From gappers list.
Planned on playing this LONG but noticed it looked weak so was waiting for a short entry.
It had faded first thing then tried to break above 17.20ish resistance on daily chart at 150sma.
As it turned down below MAs and broke below previous consolidation support at 16.80ish area took a short with .10 stop.
As the market turned down in my favor rode it down into the 16 daily support area and when it didn't show weakness there sold all as it turned up.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-28 10:27:28 | VHC | sell | $16.770 | short |
2014-04-28 11:32:24 | VHC | buy | $16.310 | 0 |
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nice trade