| This Trade Was Closed August 9, 2012 |
exited at 32.29
| This Trade Was Updated August 9, 2012 |
I am tightening up my stop to 32.90 which is a little above the high of the previous two days. I will us this method as a trailing stop, along with the fib levels. Lowering my stop to 30.65
Original Trade Post:
Intial stop at 33.40, above high if recent swing. Will utilize trailing stop based on fibonacci retracement levels. No intial target price.
Trade Details:
- The Ticker: WM
- The Trade: Sell Short at $32.83
- Trade Opened: May 29, 2012
- Trade Modified:August 9, 2012
- Trade Closed: August 9, 2012
Chart courtesy Finviz. Click to open in larger window.
HCA breaking out of another ascending triangle in Option Trades (0 comments)
CHTR momentum trade, long in Stocks and ETF Trades (3 comments)
Molycorp (MCP) – another short squeeze gem in Option Trades (1 comments)
Think like a bear using the Proshares Ultrashort S&P 500 (SDS) in Stocks and ETF Trades (1 comments)
NAV, short, downtrend in Stocks and ETF Trades (2 comments)
This is not investment advice. Learning Markets, LLC is not responsible for errors or omissions. Please be sure to read our disclaimer.