The following Short Trade Ideas have either hit one or all of their price targets, exceeded their suggested stops and/or no longer look compelling from an R/R perspective. As such, these trades have been moved to the Completed Trades category, along with all associated posts for future reference:
ACN – After hitting the first price target for a quick 10.4% gain, ACN reversed shy of T2 & went on to exceed the last downward revised suggested stop of any move above 100.50.
AVGO- Hit T3 for a 20.5% gain, with that price target on the daily chart also coming in where the weekly downtrend line that I was targeting was hit. From there, the stock has drifted higher since, exceeding both the entry price & any reasonable stop or trailing stop.
BLK- A specific suggested stop level was not listed for the BLK short trade but the stock failed to reach any profit targets did go on take out what was described as “triple intersecting resistance levels just overhead; the 200-day ema, the downtrend line off the late April highs as well as a decent horizontal resistance level around 334.50.”