12 Jul Trades for Wednesday July 12, 2017: + $837 Profits
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9:35 – SHORT 100 TSLA 332.25, COVERED 330.70, out + 1.55 = + $155
9:39 – SHORT 1000 SQ 25.88avg, COVERED 25.64, out + .24 = + $240
9:46 – SHORT 4000 TWTR 19.33avg, COVERED 3500 at 19.23, out + .10, COVERED 300 at 19.17, out + .16, COVERED 200 at 19.11, out + .22 = + $442
Total Intra-day P/L: + $837 Profits
SPY gapped this morning. We hit TSLA SHORT at 332.25 as it peaked that 332.90 gatekeeper fib resistance before slipping all the way back to the 326s lower range fibs. We scaled into TWTR and SQ SHORTS on key fib resistances levels to peak and scalpl the reversions. TWTR had double resistance fibs at 19.33 and 19.42 as we scaled in at 19.33avg on heavier size shares to scalp leans to 19.13. We scaled into SQ SHORT near the 26.03 area fib at 25.88avg for nice reversions back down to 25.20s. Closed out the morning with + $837 Profits