Strategy
Consolidation breakout short and below 50ema with high test on today’s bar so far. Enter no lower than 225. 10:59am – corrected stop loss to 228.25 (mistakenly entered 528.25). 9/8 – raised stop to 227.25. 9:40am – stop to 221 to lock in some profits. 10:08 – stop to 218.25.
Performance
This stock has moved a total of 3.3% so based on a money-managed trade of 1% risk; your profit would stand at a 3.0% increase in 2 days.
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