This is getting frustrating. Even in this environment my shorts weren't working. WAB bounced. I take the loss on the position. As it bounced, I covered my first lot for a small profit, but the remainder I take a loss.
Entry: 85.58
Exit 1: 85.23
Exit 2: 87.21
-.7R
Showing posts with label WAB. Show all posts
Showing posts with label WAB. Show all posts
Tuesday, December 9, 2014
Monday, December 8, 2014
Opened WAB short
I had shorted WAB recently and caught a nice move. It attempted to rally but that rally sold off. I sold it short again.
We'll see if it holds the line.
We'll see if it holds the line.
Friday, November 28, 2014
Current position summary : WAB, VTAE, AVNR, WFM
Shorts:
I'm thinking that high volume reversal was significant. Today, it got a 2% move which is a range expansion for this company. I see that as a great short set up because of the bearish divergence near a 52 week high--meaning this stock is not likely to run hard against me. I can keep a tight stop and look for a 10% plus sell off.
LONGS:
VTAE:
I bought the range expansion 3 days ago and then added at 19. This one has the look of something ready to really have some fun.
AVNR:
In at 14.40. Very pleased that it shook of a CLR FDA letter today. Less pleased that it re-reversed. Although many biotech's had reversal moves today. I'll just keep moving the stop up and we'll see what it can do.
WFM:
Bought the breakout today. Nice consolidate. And now the initial stages of a momentum burst move? Volume was decent for a 1/2 trading day.
I'm thinking that high volume reversal was significant. Today, it got a 2% move which is a range expansion for this company. I see that as a great short set up because of the bearish divergence near a 52 week high--meaning this stock is not likely to run hard against me. I can keep a tight stop and look for a 10% plus sell off.
LONGS:
VTAE:
I bought the range expansion 3 days ago and then added at 19. This one has the look of something ready to really have some fun.
AVNR:
In at 14.40. Very pleased that it shook of a CLR FDA letter today. Less pleased that it re-reversed. Although many biotech's had reversal moves today. I'll just keep moving the stop up and we'll see what it can do.
WFM:
Bought the breakout today. Nice consolidate. And now the initial stages of a momentum burst move? Volume was decent for a 1/2 trading day.
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