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Sendme

12/11/19 11:09 PM

#265 RE: Sendme #260

LABD follow up, link back for original chart.

It hit the .786 pullback

An aggressive entry would have been to buy the .786 with a stop just below the last swing low of 11.95 on the 15 minute chart.

Risk management
Buy at 12.15 stop loss at 11.95 for a .20/share risk
A $500 max loss would be 500 divided by .20 = 2,500 shares purchased
for a total of $30,375



An initial take profits for the .786 pullback is at the top of the body of the last swing high.