Wednesday 12/7/16: $WDC from gap up scanner.Had a nice short entry here at $67.41 and exit at $66.88 for the first trade but then I started chasing. Second short entry was at $66.70, which was horrible, I should know better than shorting into weakness like that. The stock rebounded and I tried to get my average cost of shares down with another short entry off VWAP at $66.92. Got stopped out at 67.30. This is how you turn a $200+ winner into a $50 winner. I guess green is still green.
$PLAY from gap up scanner as well. Long entry at $54.90 risking on the 9EMA and exit at $55.50 once I thought I saw weakness. Nice and simple. If only every trade could be this headache-free.
Thursday 12/8/16: $LULU also a gap up. I was initially looking for a long since the the 9EMA and VWAP were holding well, but I was patient and kept waiting for confirmation. Once that first candle printed under the 9EMA I got short at $70.22. Exit was at $69.15 near support.
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