SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strong Industry Groups - Strong Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Raven who started this subject6/2/2002 7:44:41 PM
From: Sam Raven  Read Replies (1) of 1567
 
A new short term trading example of risk and reward:

Below are three short term stocks to watch for the next couple weeks. All three from different yet strong stock groups. The buy price is equal to Friday's close and is the highest of a calculated range.

COH is in the Apparel/Shoe group, they do more accessories than clothing. It has a buy of $52.26 or lower with a stop at $49.60 and a target of $58.50. This gives a risk of losing $2.66 or a gain of $6.24.

LNY is Landry's Restaurants. It has a buy of $25.40 or lower with a stop at $24.10 and a target at $28.25. This gives a risk of losing $1.30 or a gain of $2.85.

SAH is the second largest automotive retailer. It has a buy of $33.10 or lower with a stop at $31.17 and a target of $38.46. This gives it a risk of losing $1.93 or a gain of $5.36.

Collectively, all three have a risk of $5.89 if all hit their stop, and a gain of $14.45 if they all hit their target exit.

The only other losing combination (other than have all three stop) is if LNY is the only stock that hits its target, other single or double are positive.

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext