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Long Trades Removed

The following Long Swing Trades have either hit one or more price targets and/or exceeded their maximum suggested stop level. All posts associated with these trades will now be assigned to the Completed Trades category where they will be archived indefinitely for future reference.

ABY hit the first price target for a gain of 7.8% on March 10th. Although the trade appeared to be holding above the suggested stop of a daily close below 16.50, upon closer examination of the chart I just noticed that ABY printed a close of 16.48, 1 cent below the suggested of any close of 16.49 or lower, back on April 5th. As such, ABY will be moved to the Completed Trades category although this high-yielding international utility stock still looks attractive for Growth & Income investors with an objective stop somewhat below 15.90.

LL hit the first price target for a quick 8.1% profit on April 27th, reversing from there to go on an trigger the suggested stop of any move below 13.74.

SEA has exceeded the suggested stop of any move below 11.90 without reaching the sole price target of 14.18 for a loss of 5.2% on the trade.

TGP exceeded the suggested stop of any move below 13.50 for a loss of 5.6%.

TOO exceeded both the suggested stops of 6.63 or 6.00 for a loss of 3.5% or 12.7%, respectively.

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May 10, 2016 10:07am|Categories: Completed Trades - Long|Tags: , , , , |Comments Off on Long Trades Removed