Stock currently in horizontal channel after starting downtrend. Historical price action at resistance calls for a short entry at this point; high pressure for short at resistance level
Stop @ 59.75 Upon stop, breakout entry @ 60.00
Trade active
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Stopped at 59.75 but in with the breakout at 60. Waiting for trade to workout. Watching for 61.82 breakout level. If it tests and fails, trade will be closed for either very small loss (sell at 61.30, profit here will clear up a lot of the loss from the initial stopped out short position)