Thursday, November 13, 2014

Closed NQ as Breaks Range to the down side.

It looked like NQ was going to breakout in a big way in the morning getting as high at 7.88. Unfortunately for me  NQ started to fade --so I knocked it out.

Trade Entry : 8.04
Exit: 8.53
+ 1.15R.

Closing remarks:
I got a fantastic entry on this stock.  Its not in an established uptrend. So selling when the move I caught started to falter is probably the right decision.  

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