Durius
Short

After 5 days, Gap finally broke..giving a nice profit

NYSE:GPS   GAP INC
6 days ago Gap struggled to continue after a 1 month upward trend..

It halted its steady course at $34.21

This was an excellent sign for traders to short it...

It took a long, hard and struggling 5 days of patience for Gap to finally break and validate this trading idea.


Trade closed: target reached: 2.4% return

Entry: 33.5
Exit: 32.7

Comments

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