Closed out two of my positions today, CX and SYK.
|
CX |
Cemex had a big breakout yesterday moving up over 5% to hit the bottom of the upper trendline. With that action in mind I set a tight stop-loss @ 10.80. The stop was hit at the open of the market when CX started the day down. It closed out my position for a 7% gain.
|
SYK |
Also closed out SYK this morning on a tight stop-loss. This stock has more upside potential but I went with my stop-loss because of the holiday season and the beginning of the new year. I wasn't interested in holding many positions over the holiday season. My stop on this one was at the low of 12/17/10, stopped out for a 1.5% gain.
No comments:
Post a Comment