| This Trade Was Closed July 24, 2012 |
stop loss hit at 29.20…wow what a day
| This Trade Was Updated July 24, 2012 |
updated target to 32.60
Original Trade Post:
Range bound, heavy volume…placed entry quite a bit above the high, want to make sure stock has some upward momentum before I get in. Do not usually listen to news, but earnings came out below expectation due to an acquistion of RSC Holdings, which the company says will increase its customer base and pay off in the end (that is my lame attempt at following news, sorry). Also, if anyone wants to assist me I am attempting to make my system work with options. As a a matter of fact I am actually buying the call option for this stock but I will follow my entry and exit strategy on the underlying. We’ll see.
Trade Details:
- The Ticker: uri
- The Trade: Buy at $30.50
- Target Price: $32.6
- Trade Opened: July 19, 2012
- Trade Modified:July 24, 2012
- Trade Closed: July 24, 2012
Chart courtesy Finviz. Click to open in larger window.
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