GOGO Trade on Dec 20, 2013 11:37 from BScripter_BOWS: Tradervue User Stock Trades.

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BScripter_BOWS

 

This gapped down in the morning plus it was pretty close to hitting the 50 day MA on the daily so I figured it would probably hit that level today. I missed the first big flush but it flagged again so I got in right below the 9EMA as it was starting to curve down over it. Left for lunch a little too early and I missed scaling out as it approached my target but as it never broke resistance (or support for a short I guess) I kept holding it. Same with TWTR, around 1:30 I had to get some work done so I just got out.

Stop: 24.85
Target: 23.70 (50 DMA)
Reward to Risk: 5:1


Execution detail:

Date/time Symbol Side Price Position
2013-12-20 11:37:12 GOGO sell $24.670 short
2013-12-20 13:29:07 GOGO buy $24.510 short
2013-12-20 13:39:38 GOGO buy $24.410 0

Comments

Gravatar Nape_BOWS
December 20, 2013

Nice entry, Always take some profit on the first flush.

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