=>ENTRY:2008/03/19-Long LH at 76.06, stop@74, risk/unit $2.06 (-4.5%)
=>EXIT :2008/03/26 at 72.60, Net PL -3.8% 7 days
=>ENTRY:2008/03/19-Long LH at 75.809, stop@74, risk/unit $1.81 (-4.2%)
=>EXIT :1900/01/00 at 72.60, Net PL -3.5% 7 days
Well, this trade just didn’t work. The stock is really strong but is drifting along with the Health Care sector.
The weekly ratio chart for the Health Care Sector (represented by the XLV etf). Note how it’s now below the breakout area (bad):
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