Sunday, March 18, 2012

Priceline (PCLN)

BUY signal the week of 2.13.12 at $582.52. My first stop was $483.98, so my risk (R)/share was $98.54. Closed Friday at $675.50 with a $547.03 stop. My new stop for the coming week is $575.83. The percentage gain on this trade is +16.0%, and the reward-to-risk ratio is +$92.98/$98.54 = +0.94.

History (beginning in 2003):
Winning Trades: 5 | 71.4% | +$87.18/share avg.
Losing Trades: 2 | 28.6% | -$5.52/share avg.
Average Trade: +74.9% | +$60.69/share | Reward-to-Risk (R): +2.56

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