RAD Trade Setup RAD (Rite Aid Corp) will trigger a long entry on a break above 3.79. The price targets are T1 at 4.12 & T2 at 4.55 with a suggested stop of any move below 3.55. The suggested beta adjustment is 0.90. RAD daily June 5th1+ Related posts: RAD Stopped Out for a 7% Loss 2017-06-07T14:45:13+00:00Jun 5, 2017 10:25am|Categories: Completed Trades - Long|Tags: RAD|3 Comments Share this! (member restricted content requires registration) FacebookTwitterLinkedInRedditGoogle+TumblrPinterestVkEmail 3 Comments rsotc June 5, 2017 12:10 pm at 12:10 pm RAD long entry triggered on a break above 3.79 0 GetItRiight June 7, 2017 1:14 pm at 1:14 pm I am afraid this was a short trade, as it moved below the suggested stop. 0 rsotc June 7, 2017 2:37 pm at 2:37 pm True. Short both in duration as well as the direction of the trade (would have worked out as a short instead of a long side trade). RAD had a failed breakout/whipsaw buy signal on a very brief pop above both the price channel & the 3.79 resistance. As with most failed breakouts, the ensuing sell-off has been pretty impulsive. Stop has been hit but will keep this one on my radar for another potential long-side trade. 0 Comments are closed.