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CWEI First Price Target Hit for an 11% Profit, Then Stopped Out

The CWEI (Clayton Williams Energy) short trade opened at 83.41 on Oct 20th on a gap below the short entry trigger of 84.30. As such, 83.41 is the entry price used in the profit calculation to the first target (74.22) which was hit on Oct 24th for a gain of 11% (or 7.7% gain equivalent [...]

Oct 27, 2016 4:56pm|Categories: Completed Trades - Short|Tags: |Comments Off on CWEI First Price Target Hit for an 11% Profit, Then Stopped Out