Sunday, April 29, 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 $73.98 with a $67.61 stop. My new stop for the coming week is $67.00. The percentage loss on this trade is -2.2%, and the reward-to-risk ratio is -$1.69/$19.69 = -0.09.

History (beginning in 2003):
Winning Trades: 3 | 75.0% | +$22.69/share avg.
Losing Trades: 1 | 25.0% | -$1.69/share avg.
Average Trade: +87.0% | +$16.59/share | Reward-to-Risk (R): +3.19

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