Dem456
Long

Bullish Deep Crab

NYSE:GNC   GNC HOLDINGS, INC. CLASS A
160 views
4
160 3
GNC             , Set buy limit order with other cancels other order for target/stop, still learning.
Buy Order: 3.60
Target: 5.60 or higher
Stop: 2.60
Time Frame: March 1st
Comment: Today maybe the time to get on board, looks like a hammer is trying to form but anything can happen so lets see how it plays out.
Trade closed manually: Im going to close the trade with no positions but it did follow my setup as closely as it could so I'll give it that.
Risk/Reward 2:1
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Dem456 jhains2
@jhains2, are my numbers correct? if they are not what are the correct values? let me know, thanks
Reply
jhains2 Dem456
@Dem456, Buy order at $3.60, with stop at $2.60 is $1 risk, and sell order at $5.60 is $2 upside.

Perfect 2:1 risk/reward ratio
+1 Reply
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