Trades for Friday, May 27th, 2016: + $825 Profits

27 May Trades for Friday, May 27th, 2016: + $825 Profits

*Take a free 4-day trial to our live alerts real-time chatroom to get live trade alerts and audio analysis to get you in and out safely here

*Spring/Summer one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

=====================

9:31 – SHORT 600 TEX 19.80avg, STOPPED 19.95, out - .15              =          - $90

9:35 – SHORT 1900 TEX 19.82avg, COVERED 1500 at 19.62, out + .20, COVERED 300 at 19.52, out + .30, COVERED 200 at 19.41, out + .39       =          + $468

9:43 – SHORT 200 TEXT 19.83, COVERED 19.77, out + .06    =          + $12

9:57 – SHORT 700 SPLK 54.86avg, COVERED 500 at 54.33, out + .53, COVERED 200 at 54.07, out + .79    =            + $423

10:11 – SHORT 200 NFLX 102.63, STOPPED 102.78, out - .15           =          - $30

10:17 – SHORT 200 NFLX 102.55, COVERED 102.33, out + .22          =          + $44

Total Daily P/L:          + $827 Profits

SPLK05272016 TEXT05272016

Summary

SPY grinded this morning on light volume on a 60-minute make or break as it peaked off the 209.94.  We hit beautiful fib break shorts on TEX and SPLK for nice extended collapses. TEX triggered a 5 and 1-minute mini inverse pup simultaneously which prompted us to add to the shorts for 19.82 avg for the collapsed down thru 19.59 fib and 19.40 stinky 5s lower range. We scaled into SPLK short as the 1 minute mini pup faded at the perfect opportunity to squeeze triggering a pretzel mini inverse pup to bring out short average to 54.86 as it collapsed all the way down to 54.05 fib.  Closed out the morning with + $827 Profits.