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 [...]
The following notes & charts are an update to the ROST swing trade, including price targets & key technical levels.
The following notes & charts outline the entry criterion, suggested stop & beta-adjusted position size for a swing trade in ROST, Ross Stores Inc.
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 [...]
ROST daily May 26th The ROST (Ross Stores Inc) short trade has now hit the second target, T2, for a 7% gain. Consider booking partial or full profits and/or lowering your stops, depending on your trading plan. T3 (89.60) remains the final target at this time. click here to view the live, annotated [...]
ROST daily April 1st ROST (Ross Stores Inc) will trigger a short entry on any move below today's earlier low of 103.30. Suggested stops using a 3:1 or better R/R to your preferred target (T1 - T3). click here to view the live, annotated daily chart of ROST
The following short trades will be moved to the Completed Trades category. While none of these trades reached their final price target, many of these trades did hit one or more profits targets before bouncing & exceeded their previously suggested (or any reasonable) stop level(s). As the charts on some of these trades still remain [...]