The crucial importance of defining properly and also respecting the SL on a short term trade set-up.
Target of high probability on $52.50, projected previously on April 4th, and acquired milimetrically on the time/price frame.
From that moment till yesterday's close the stock decreased around 10,40%
Héctor L. Arroyo,
Telecommunications Engineer |...
Just sharing another successful strategy of purchase with my customers, this time with the STOCK Metrogas,
more than 20% of profit in only two business day.
From the Technical Analysis perspective there was a very high probability to get a successful trade and we had also a terrific Risk/Reward radio in term of profit.
As projected on December 13, almost 2 weeks ago, when the price on the stock was $37.00-$37.50, the target proposed at that moment was reached milimetrically on $44.60 yesterday,
From the purchase moment on $37.00/$37.50 till yesterday my customers accumulated an earning between 20% - 22%.
Yesterday was a a perfect day to take short-term profits.
$METR Despues de tocar el maximo historico hace unos dias, le toco la hora de descomprimir tal vez para dentro de poco volver hacia arriba. Esta en un canal descendiente, esto no es nada bueno, pero tampoco es muy preocupante. Seguramente vaya hacia los 19.80 donde se ubica el 0.618 de Fibonacci, tal vez ahi tengamos la recuperacion y las ganas para ir hacia los...