Shared by
youngcb1_BOWS
Range break down at $21.45 area. I entered for a short position with my stop at $21.50. I scaled out during the spike down and as the stock consolidated. Once the stock went drop down further I borrowed some more shares. However, I got a little nervous as the stock spiked up and covered some shares. Once the stock began to level out and consolidate I covered the rest of the shares.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-08-07 15:01:12 | STLD | sell | $21.420 | short |
| 2014-08-07 15:07:21 | STLD | buy | $21.400 | short |
| 2014-08-07 15:10:05 | STLD | buy | $21.390 | 0 |
| 2014-08-07 15:13:38 | STLD | sell | $21.370 | short |
| 2014-08-07 15:19:52 | STLD | buy | $21.390 | short |
| 2014-08-07 15:29:51 | STLD | buy | $21.350 | short |
| 2014-08-07 15:34:25 | STLD | buy | $21.360 | 0 |
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