Shared by
dpaleo
Tags:
Fade
While I've been wrong looking for top in NVDA/semis for a while I finally nailed it. An almost perfect situation/setup w/ NVDA upgraded again after this monster 1 month run and a big gap up after yesterdays huge candle finishing on highs after a gap up. After close yest I noticed SMH up 15 days in a row and yesterday's bar expanding w/ increased volume so thought it was getting close. NVDA upgrade and gap up gave me conviction today likely the day.
Really should have been pressing short on clear bear flags instead of covering so early.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2017-06-09 09:30:20 | NVDA | -100 | $165.750 | -100 |
| 2017-06-09 09:30:39 | NVDA | -100 | $164.510 | -200 |
| 2017-06-09 09:32:56 | NVDA | -200 | $167.170 | -400 |
| 2017-06-09 09:36:50 | NVDA | -400 | $168.440 | -800 |
| 2017-06-09 09:38:05 | NVDA | -200 | $167.160 | -1000 |
| 2017-06-09 09:40:01 | NVDA | -500 | $166.525 | -1500 |
| 2017-06-09 09:51:15 | NVDA | -300 | $167.577 | -1800 |
| 2017-06-09 10:09:51 | NVDA | -200 | $166.482 | -2000 |
| 2017-06-09 10:11:11 | NVDA | -500 | $166.217 | -2500 |
| 2017-06-09 10:14:04 | NVDA | 100 | $165.120 | -2400 |
| 2017-06-09 10:20:47 | NVDA | 400 | $164.810 | -2000 |
| 2017-06-09 10:50:52 | NVDA | 200 | $163.070 | -1800 |
| 2017-06-09 11:08:15 | NVDA | 200 | $161.770 | -1600 |
| 2017-06-09 11:08:22 | NVDA | 300 | $161.670 | -1300 |
| 2017-06-09 11:12:44 | NVDA | 300 | $160.280 | -1000 |
| 2017-06-09 11:15:10 | NVDA | 300 | $159.180 | -700 |
| 2017-06-09 11:20:15 | NVDA | 100 | $158.130 | -600 |
| 2017-06-09 11:20:15 | NVDA | 100 | $158.210 | -500 |
| 2017-06-09 11:20:54 | NVDA | 200 | $157.820 | -300 |
| 2017-06-09 11:23:28 | NVDA | 200 | $157.120 | -100 |
| 2017-06-09 11:45:00 | NVDA | 100 | $158.010 | 0 |
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