Home > Swing Trade of the Week > swing trade: (ERTS)

swing trade: (ERTS)

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Some days when trading stock it can be hard to find a good trade. That was not the case yesterday for the astute day trader.

(ERTS) Electronic Arts is below its 50 day sma and met resistance at the 20 day sma yesterday. This price action set up a test book swing trade short sale. As a matter of fact, yesterday was a picture perfect intra day short sale day as well.

The trade is is short sale with a sell stop limit @$48.50 with the expected profit target of $46. Initial stop loss is $49.75. A solid 2-1 risk reward ratio.

http://keystonetradinggroup.com/

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