GNC Trade on Apr 30, 2015 11:20 from ivanka_BOWS: Tradervue User Stock Trades.

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ivanka_BOWS

 

http://prntscr.com/70hh8i

http://prntscr.com/70hhfe

http://prntscr.com/70hi1l

GNC was a morning gapper to the down side because of less than expected earnings.
Short was on my mind but 200 SMA was going right in the middle of the daily candle so not sure which direction it was going. This was a little bit too risky play imo because I did not have a 2:1 r/r


Execution detail:

Date/time Symbol Side Price Position
2015-04-30 11:20:00 GNC sell $42.920 short
2015-04-30 11:21:43 GNC buy $42.830 0


Comments

Gravatar Sayed
May 04, 2015

Too late. Entry was $1 late.Anticipation entry on the bounce fade is better on this type.

May 04, 2015

Yes, I see now, probably around $44 would have been a very good entry, that second spike that was a lower high on the 5-min chart

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