GNC Trade on May 7, 2014 12:05 from jschrager23_BOWS: Tradervue User Stock Trades.

Another trade in GNC one of the gappers this morning. Shorted here into the breakdown of the flag. Quick flush since it was already down quite a bit for the day. Covered the rest at my buy price. Trading baby sizes for now :)

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-07 12:05:40	GNC	sell	$35.900	short
2014-05-07 12:09:47	GNC	buy	$35.630	short
2014-05-07 12:19:21	GNC	buy	$35.950	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GNC&trade=981558&end=20140606&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GNC&trade=981558&end=20140507144421&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-05-07 16:32:49

Chase it. Wait for the pullback them short it.

Nape_BOWS

2014-05-07 16:33:00

then*

jschrager23_BOWS

2014-05-07 16:42:58

so you're saying a better spot to short it would have been when it went red after the pullback to near the vwap?

Nape_BOWS

2014-05-07 19:16:03

^The short play was when it ran into resistance on a double top pattern...http://screencast.com/t/GJpvoHFV7

jschrager23_BOWS

2014-05-07 20:35:16

yeah that was the spot I was referring to, the resistance was right there past support! thanks !

GNC Trade on May 7, 2014 12:05 from jschrager23_BOWS: Tradervue User Stock Trades.

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