CRK- 35% Profit in 3 days!!! (Position open)

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- Here’s another Quick Trade from Our Trading Room Executive summaries -
3rd Jun in Executive summaries we discussed about CRK             & we bought CRK             at 0.76. It has huge potential & can be a Long-term fundamental hold as this company is coming down from $30. Also MA lines are supporting for Momentum Long. With our surprise in next 2 days the Stock moved to 1.03, exceeding our first target & gave us a chance to lock more than 35% profit.

Trade Details -
CRK- Long
Trade Logic: Momentum Long & adjustment of long down fall
Entry price: 0.76
Target Price: 0.88, second target 1.17
Stop-Loss: 0.69

You can check our detailed analysis on CRK             in the trading room link here-
Trade Suggestion Date: 6/3/2016
Trading Room - Executive summery link:
Time Span: 3:50”
Trade Open: 0.76
Trade Close: Half closed at 0.88 (14% profit) rest Open
Profit/Loss: 22% (running)

Trade closed: target reached
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