AcornWealthCorp
Long

TAX- 7% Return in Stock trading only in 1 Day !!

NASDAQ:TAX   LIBERTY TAX INC
tax
6 0 1
tax
- Here’s another Quick Trade from Our Trading Room Executive summaries -
As discussed in Executive summaries we bought TAX at 7.13 in 5/31/16, it was looking an up-ward momentum trade as it crossed up EMA5 & SAM20. Our first target was at 11.73, around 23% Fib Retracement Level. With our surprise Stock moved to our first target the next day giving us a chance to lock a 7% profit.

Trade Details –
TAX- Long
Trade Logic: Momentum pattern, Long channel breakdown adjustment to Fib Retracement level 23% & further to 38%
Entry price: 11.13
Target Price: 11:93, second target 13.73
Stop-Loss: 10.67


You can check our detailed analysis on TAX in the trading room link here-

Trade Suggestion Date: 5/31/2016
Trading Room - Executive summery link: https://www.youtube.com/watch?v=Gqguc2Zm040
Time Span: 5.25”
Trade Open: 5/31/2016
Trade Close: 6/1/2016
Profit/Loss: 7% return in Stock trading in only 1 Day !!!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out