Completed Trades are trade ideas that have hit one or more of their price targets. Many trade ideas will list multiple targets as some traders might choose to hold some or all of the position for an additional target(s) after the initial target is hit. Therefore, many trade ideas on this site will often appear in both the “Active” and “Completed” categories simultaneously. Trades are removed from the Active Trades Category either upon hitting the final target or if stopped out before then. Once removed from the Active Trades category, these trades and all associated posts will be archived indefinitely in the Completed Trades category for future reference.
After hitting T2 (yellow uptrend line) on Nov 13th, GMCR (Green Mountain Coffee Roasters) went on to make a counter-trend bounce back to resistance while forming a bearish rising wedge pattern on the 60 minute chart. A solid break or close below the rising wedge pattern will likely be the catalyst for a resumption of [...]