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ROST Price Target Hit for 8% Profit

The ROST (Ross Stores Inc) short trade gapped down below T1 (60.89), which was the sole official price target, to open at 60.64 where any standing BTC orders would have filled, providing a 7.6% profit on the trade. Those holding out for the potential long-term downside (unofficial) target of 44.50 might consider lowering stops to protect profits. As T1 was the final target, ROST will now be moved to the Completed Trades category. Original & updated daily & weekly charts:

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May 16, 2017 11:57am|Categories: Completed Trades - Short|Tags: |0 Comments

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