P Trade on Apr 30, 2014 09:36 from 0936am_BOWS_BCV12: Tradervue User Stock Trades.

My stalker stock...
Demonstrated weakness in pre market.
Using 1 min chart noticed that the it could not break above 8 MA.
So my trigger entry was 23.30ish area and entered short with .10 stop.
Covered half when it found some support at 22.80ish area.
After it failed to break support with 2 taps noticed the buyers coming in moving toward MAs so covered rest at whole number.


Execution detail:

Date/time Symbol Side Price Position
2014-04-30 09:36:16 P sell $23.240 short
2014-04-30 09:56:38 P buy $22.850 short
2014-04-30 10:17:22 P buy $23.010 0


Comments

2014-04-30 15:26:32
 

Try to get it closer to 23.40, but overall nice play.

2014-04-30 21:13:29
 

Nice catch of the flush.

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