11-30-07 – AAPL short
Nov 30th, 2007 by Trader-14
Source: Constant Watch List – Stock had 5 consecutive up days
Target: 175 – around 20-EMA
Made 2 Trading Plans for that:
1. Reversal Day Strategy

2. Sky Scraper Setup:


From R/R perspective I could take the trade only as a Reversal Day Strategy. As a Sky Scraper Setup R/R is < 3 !
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Closed trade end-of-day, as I have “long bias” into Monday.