TomKirk

Ramsay Health Care - Make or break for bull trend heavyweight

Short
TomKirk Updated   
ASX:RHC   RAMSAY HEALTH CARE LIMITED
-Monster 38 Month H&S (could be quite difficult to find an entry)
-Crossed and responded to 200MA on a weekly scale
-Could be a favourable short or hedge given the general market condition

Will plan for 120 basis points of risk across 2-3 tranches
Comment:
We could have our signal very soon, I love seeing the Bol Bands squeeze around critical levels
Comment:
Stop sell in place
Trade active:
Order filled - Short 60 basis points
Comment:
Stop 63.25
Comment:
Shaving risk down to 40 basis points. stop at 62.42
Trade closed manually:
I don't take losers home over the weekend but will continue to monitor
Comment:
Dammit, missed my entry
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