VPRT (VistaPrint Ltd) gapped below the final target (T3) today to open at a gain of 20% and is currently trading down over 25% from entry. Consider booking full profits as this trade will now be moved to the Completed Trades category. The previous & updated daily charts are posted in order below.
I'm working on updating some of the existing trades today, some of which may have hit a profit target a while ago, such as the VPRT (VistaPrint Ltd.) active short trade. VPRT is a swing short trade idea that was entered back in September (first chart below) & went on to hit the first profit target (T1) nearly 2 months later on Oct 30th. In the update posted that day, I stated: T3 remains my preferred swing target although another reaction off T2 (if & when hit) is likely. In reviewing the trade ideas today, I noticed that an update had [...]
The VPRT (VistaPrint) short trade has hit the first profit target for an 8% gain. T1 was hit immediately following the opening today, with VRPT bouncing off that level (a reaction) as expected. T3 remains my preferred swing target although another reaction off T2 (if & when hit) is likely. Previous & updated daily charts:
VRPT is starting to roll over after backtesting the recently broken uptrend line. T3 is the current preferred swing target with a suggested stop over the recent highs. As usual, reactions are likely off each of the target levels.
I'm balancing working through some of the programming issues on the site today with trying to post some of the short-side trade ideas that look to be currently offering an objective entry or add-on. In fact, I have an unusually large amount of very attractive short candidates on my watch-list and with today's large gap having been faded as expected, the bearish scenario is alive and well. As I'm trying to juggle my own trading with the programming issues and posting actionable trade ideas, I'll just share some of the more attractive looking short trades at this time. These are all [...]