Today AXP was very weak and provided almost 2.00 of profit using a .20 rangebar for sell short entries. There were 4 sell short entries and no reason to cover until 4:00pm. The first entry was at 9:40 am @ 40.80; the second entry was at 10:50 @39.99; the third entry was at 12:53 @ 39.54; the last sell short signal was given at 1:10 @ 39.50 and there was no reason to cover because AXP just kept making lower low on the .20 rangebars providing a 1.91 profit if you covered on the close.
No comments:
Post a Comment