Sunday, April 1, 2012

Rackspace Hosting (RAX)

BUY signal the week of 12.5.11 at $44.02. My first stop was $32.97, so my risk (R)/share was $11.05. Closed Friday at $57.79 with a $44.48 stop. My new stop for the coming week is $45.84. The percentage gain on this trade is +31.3%, and the reward-to-risk ratio is +$13.77/$11.05 = +1.25.

History (beginning in 2008):
Winning Trades: 3 | 100.0% | +$11.30/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +63.0% | +$11.30/share | Reward-to-Risk (R): +1.96

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