Trade 1 Perfect storm without wind!
Short SWHC From our watch list.
The daily chart and morning gap down was the perfect short set up.
Entry 7.97/Stop 8.10
Target 1 7.80 1/3 +.17
Target 2 7.50 1/3 +.37
Target 3 7.00 never hit.
We lowered stop to .80 and covered 1/3 +.17
This trade had everything going for it. Perfect entry,Low risk,plenty of down
side ,but only thing is it just didnt go down enough.
We gave it the whole day, but it just didn't fall down the way we expected.
You can only take what the market is willing to give you.
And we walked away happy.
No comments:
Post a Comment