Wednesday, December 10, 2014

Opened BABA

BABA bounced nicely on the 50 Day MA.  I bought at $104.88 with a trailing stop which would get me out at 106.91 the next morning as the move was rejected.  As I look back, a trailing stop was a pretty decent way to play this move. 

Entry: $104.88
Exit: $106.91

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