I'm putting on a long play with SINA looks like a good oppurtunity.
1% of capital allocated to this my stop is 41.41 my limit is $46 for take profit.
Entry price was 42.77.
Max loss will be $1.36 max gain will be $3.23
Holding time will be 2 weeks.
1% of capital allocated to this my stop is 41.41 my limit is $46 for take profit.
Entry price was 42.77.
Max loss will be $1.36 max gain will be $3.23
Holding time will be 2 weeks.
Trade active:
Added shares moved stop to 42.55
Trade closed: stop reached:
lost 1.5% as stop executed after it dropped
Comment:
Stop was too tight