abercroe

Swing trade. Stock was in very consistent uptrend. Clearly bounced off trend support and prior resistance level. Had been testing $64.50 resistance for several weeks and decided this bounce would be the final attempt to break it. Plan going in was to patiently trail stop on daily chart with a final target of $67. Didn’t quite make target. Sold on failed continuation of intraday move end of week. Stock still in play, but glad I took profits. Nice 4R trade.

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Broker:Schwab
DatePrice
Entry8/13/201863.221
Exit8/17/201866.433
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  • Percentage5.08%
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