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RAX final target hit

RAX has now hit the final (unofficial) target for a 38.3% gain in just two months.  A great example of how most stocks fall much faster than they rise and why expanding one's trading or investment style to incorporate both long and short-side trades can increase your trading opportunities and enhance your returns.  For those still short, consider booking full profits as the risk/reward to remain short is no longer favorable.  Daily charts in order as posted with the updated chart last.

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Apr 5, 2013 9:51am|Categories: Completed Trades - Short|Tags: |Comments Off on RAX final target hit