| This Trade Was Closed July 24, 2012 |
Profit target of 22.90 met…probably should have let this one ride as it seems to be heading south fast, but want to keep with my system.
| This Trade Was Updated July 24, 2012 |
udpated target to 22.90
Original Trade Post:
NAV is at the top of a decreasing channel. Equity summary score with well known company is very bearish on the stock (again, this is my beginning attempts at looking at fundamentals to improve my picks). Normally I look for a stock that is range bound and not in a trend. Initial stop at 25.43.
Trade Details:
- The Ticker: nav
- The Trade: Sell Short at $24.45
- Target Price: $22.9
- Trade Opened: July 20, 2012
- Trade Modified:July 24, 2012
- Trade Closed: July 24, 2012
Chart courtesy Finviz. Click to open in larger window.
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