FCX Stopped Out, AVGO Short Entry Triggered

The FCX (Freeport McMoran Inc) short trade reversed 14 cents or about 1.6% shy of T1 before reversing & exceeding the suggested stop of 11.91 for a loss of 9%.

FCX 60-minute April 25th

FCX 60-minute April 25th

Also just an FYI that the AVGO Short Setup triggered an entry on Friday on a cross below the 149.00 and is now both an Active Short Trade as well as a Short Trade Setup, as the stock still offers an objective entry. AVGO closed at 149.10 today but still looks to offer an objective entry anywhere down to the 145.80 level and up to but not above the suggested stop level of 153.50.

2017-03-08T21:19:51+00:00 Apr 25, 2016 4:22pm|Categories: Completed Trades - Short|Tags: |Comments Off on FCX Stopped Out, AVGO Short Entry Triggered