Friday, December 05, 2014

Trade Entry Review: VEEV

As a swing trader, one of my favorite setups is the breakout-pullback setup.  Yesterday I entered VEEV as it pulled back and tested and confirmed the bottom of the breakout bar.  The stop is under the breakout bar with an initial target near the recent high at $33.  This gives me a 3 to 1 reward to risk ratio.

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