CTRX Trade on May 1, 2014 12:31 from bodogtrader: Tradervue User Stock Trades.

Lunch time weakness. I shorted once it broke down thru the EMAs. Covered some near the opening price. Is this a play that I should cover it all at the opening price?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-01 12:31:48	CTRX	sell	$42.250	short
2014-05-01 12:31:49	CTRX	sell	$42.250	short
2014-05-01 12:31:49	CTRX	sell	$42.250	short
2014-05-01 12:47:11	CTRX	buy	$41.800	short
2014-05-01 13:03:42	CTRX	buy	$42.200	short
2014-05-01 13:03:45	CTRX	buy	$42.193	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CTRX&trade=973352&end=20140531&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CTRX&trade=973352&end=20140501160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-05-01 18:12:40

Nice.

Gena_BOWS

2014-05-01 22:30:41

I think you did the right thing covering only partial at the opening price in this kind of play. you just never know if it's got further to drop. I think because the 50ma was there to support it right at the same level as the opening price, that helped support it/boost it back up. Good trade.

CTRX Trade on May 1, 2014 12:31 from bodogtrader: Tradervue User Stock Trades.

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