Monday, January 29, 2007

Day Trade: Long AKAM 30-min chart

Entry @ $54.65 / 700




Entry : $54.65




Size : 700




Exit : $55.20




Stop Loss : $53.85




Risk : 0.8




P/L : $385.00




R : 0.69
Another breakout trade that did not really pan out. Sold the position when price re-entered the flat price channel marked by the red line.

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