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MANH First Price Target Hit for a 3-week, 17% Gain

The MAHN (Manhattan Associates Inc.) short trade has hit the first price target, T1 at 57.10, for a 17% gain in exactly 3 weeks from entry. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. T2 (48.70) remains the final target. As the odds for a reaction off the T1 [...]

Jan 11, 2016 12:55pm|Categories: Completed Trades - Short|Tags: |Comments Off on MANH First Price Target Hit for a 3-week, 17% Gain

Shorting MANH on Break Of Dual-Support

MANH (Manhattan Associates Inc.) offers an objective short entry on this break below dual support (horizontal + trendline). T2 at 48.70 is the current final target with a suggested stop on a close above 75.00. Typically I'll only close out position in the last couple weeks of the year as trading volumes drop, resulting in [...]

Dec 21, 2015 3:07pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting MANH on Break Of Dual-Support