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THREE-DAY-TRADER

06/10/15 5:09 PM

#6 RE: THREE-DAY-TRADER #5

See how it does after today. I think chances are good CLD breaks out higher (with 6 area upside target a good chance).
Seems to be ready to make a major move one way or another as it sits at 5.20-5,30 area today.
A 5.10 stop-loss applied here of course (a tight stop-loss area) and good position to be in when considering risk/reward from 5.20s.
If stop-loss would trigger, a loss at stop-loss near 5.10 would be minimal in contrast to seeking a higher trade here (reward favorable here possibly)