SMCI Trade on Jan 31, 2014 13:01 from silverholden: Tradervue User Stock Trades.

I saw this trending back down as it broke MA and VWAP support. I set an alert for LOD, and when it hit I shorted. I covered some as it dropped, although it never did hi my target of 20.30. Then I rode my stop down and eventually stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-31 13:01:43	SMCI	sell	$20.640	short
2014-01-31 13:01:43	SMCI	sell	$20.650	short
2014-01-31 13:25:48	SMCI	buy	$20.520	short
2014-01-31 13:47:03	SMCI	buy	$20.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SMCI&trade=826407&end=20140302&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SMCI&trade=826407&end=20140131200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SMCI&trade=826407&end=20140131160203&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

EL_BOWS

2014-02-02 12:30:47

No real setup on entry. Extended. Glad it went down and you took some cashola though.

silverholden

2014-02-02 13:28:49

Yeah I was actually watching this to go long on the daily. When it opened really weak I kept an eye on it, and figure it would be a pretty low risk short if it took out low of the day. I also figured it would be a pretty quick scalp.

SMCI Trade on Jan 31, 2014 13:01 from silverholden: Tradervue User Stock Trades.

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