Synaptic724

SINA Long Play

Long
NASDAQ:SINA   None
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.
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