Tuesday, May 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 $58.99 with a $46.00 stop. My new stop for this week is $45.82. The percentage gain on this trade is +34.0%, and the reward-to-risk ratio is +$14.97/$11.05 = +1.36.

History (beginning in 2008):
Winning Trades: 3 | 100.0% | +$11.70/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +63.9% | +$11.70/share | Reward-to-Risk (R): +2.00

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