fundamental trade

27 is the target
stop loss 13.75
re entry @ 17.75
stop loss @ 10.00

Position size 100%

Comment:

Entry $14.50

Comment:

Adjust stop loss to $13.50 near market close so if it is $13.30 3 mins before market close, exit the trade but if its over 13.50 before market close hold onto the trade

Comment:

re entry @ 17.75 correction $11.75

Comment:

we have 100k on this trade we are already stopped out on the first position with 7% loss now we have 93k waiting patiently to fall in the $11.75

Comment:

we are going to half position entry @ 13.75
and add 2nd half to $11.75
Stop is @ 10.00 intra day

Comment:

We are long from 13.75 with 46,500.00 we are going to raise our stop at $13.75