$237 Profit
HOTShort Stock
DarKnighTrades

60 min chart - Swing trade placed on Mon/March 28. Stop placed at $86 which was just above high of $85.71, target was Wkly. Pivot= $78.70 OR halfway $80. Price had surged outside (800 Bollinger) and market had priced in a likely merger with a Chinese company BUT it fell through and the stock fell over $3 on failed deal. No way to know how well the trade would have worked without the news but price made it all the way to Wkly. Pivot so it was picture perfect. Trade was open for two weeks.

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DatePrice
Entry3/28/201683.99
Exit4/11/201679.20
  • Total Views143
  • Position Size50
  • Percentage5.7%
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