5 Nov – The Long and Short of MANT

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5 Nov – The Long and Short of MANT

Nov 6th, 2007 by Trader-15

I must have been dreaming when I saw MANT on the helicopter scan and went long believing it had pulled backed and was ready for an up-thrust. When I finally woke, I promptly closed my position with a loss of ~1+%. The “long” trade plan was :

Long Trade Plan

Now fully awake, the MANT daily chart showed a gap waiting to be filled. I decided to short MANT at 41.99. The “short” trade plan is :

Short Trade Plan

Intraday Chart

Daily Chart

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Posted in Stock Trading Class | 2 Comments

2 Responses to “5 Nov – The Long and Short of MANT”

on 06 Nov 2007 at 7:23 am1Trader-8

nice flip!
on 06 Nov 2007 at 10:20 am2Trader-15

6 Nov
Covered at 40.70 (Target was 40.89) Reward: +3%
Trade Closed.

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5 Nov – The Long and Short of MANT

2 Responses to “5 Nov – The Long and Short of MANT”

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