Sunday, March 18, 2012

Cognizant Technology Solutions (CTSH)

BUY signal the week of 10.24.11 at $75.67. My first stop was $55.98, so my risk (R)/share was $19.69. Closed Friday at $76.91 with a $65.80 stop. My new stop for the coming week is $66.29. The percentage gain on this trade is +1.6%, and the reward-to-risk ratio is +$1.24/$19.69 = +0.06.

History (beginning in 2003):
Winning Trades: 4 | 100.0% | +$17.33/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +88.0% | +$17.33/share | Reward-to-Risk (R): +3.23

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