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craig_percoco
Nov 26, 2018 7:45 PM

AXP Short Short

American Express CompanyNYSE

Description

Short based of channels and fibs

My Entry: 108.61 (any entry over 108.00 is okay)
Stop Loss: 113.00
PT: 70.00 area
Risk/Reward: ~1:8

Not a high probability trade, which is why the r/r is so good. Trade should take about a full year, looking for about 50%. If I am wrong I should know relatively quickly.

Trade closed: stop reached

Stopped Reach @$113.
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