Shared by
Emilie_BOWS
Daily: parabolic short
This stock kept going up for several days and I thought it was over extended given the big float it had. It had another gap up today so I was watching at the open for a potential short.
Intraday: I saw it tested $147 pre-market and pulled back from there. It tried to break $147 right out of the gate and quickly came back down. I got in with a stop above HOD.
I scaled out around previous close then got back in quickly as I felt it could go down more, scaled out around whole numbers and got out when it bounced off $142 (gap fill)
I took the 2nd trade on the pull back to around previous day's close. It tried to go green and failed, also broke trend line. I added once more on the bear flag around VWAP with stop just above 144.5.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-31 09:34:21 | NVDA | sell | $146.330 | short |
| 2017-05-31 09:36:37 | NVDA | buy | $145.080 | short |
| 2017-05-31 09:44:32 | NVDA | sell | $145.400 | short |
| 2017-05-31 09:51:01 | NVDA | buy | $144.070 | short |
| 2017-05-31 10:00:21 | NVDA | buy | $143.100 | short |
| 2017-05-31 10:02:27 | NVDA | buy | $142.560 | 0 |
| 2017-05-31 12:07:02 | NVDA | sell | $144.880 | short |
| 2017-05-31 12:21:10 | NVDA | buy | $144.050 | short |
| 2017-05-31 13:54:26 | NVDA | sell | $144.350 | short |
| 2017-05-31 14:14:25 | NVDA | buy | $143.510 | short |
| 2017-05-31 14:54:34 | NVDA | buy | $143.160 | short |
| 2017-05-31 15:08:05 | NVDA | buy | $143.590 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!