Shared by
tomr_BOWS
Daily: Continuation play
Intraday: Pullback
Gain: $197 (1.8%)
Shares: 500
Stop: $22.55
Chased entry on a pullback after stock was flagging and broke lower trend line of day-long consolidation range from previous day. Scaled out when stock reached target and again when it got extended. Sold last shares when stock moved above moving averages.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-23 12:36:56 | SMCI | sell | $22.365 | short |
| 2014-01-23 12:36:56 | SMCI | sell | $22.340 | short |
| 2014-01-23 12:37:28 | SMCI | sell | $22.348 | short |
| 2014-01-23 14:11:33 | SMCI | buy | $22.065 | short |
| 2014-01-23 14:11:33 | SMCI | buy | $22.065 | short |
| 2014-01-23 14:11:36 | SMCI | buy | $22.060 | short |
| 2014-01-23 14:11:57 | SMCI | buy | $22.058 | short |
| 2014-01-23 14:46:32 | SMCI | buy | $21.780 | short |
| 2014-01-23 14:46:38 | SMCI | buy | $21.780 | short |
| 2014-01-23 15:51:31 | SMCI | buy | $21.920 | short |
| 2014-01-23 15:51:31 | SMCI | buy | $21.920 | 0 |
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