At our activetradingpartners.com alert service, we give both entry and exit advice and ongoing position updates for all open positions. The key to successful swing trading is getting not only the lower risk entry right, but also the exit.
In this sample of IOC, we show you exactly where we bought and sold within 48 hours and what happened over the next 72 hours.
This trade was alerted the week of May 28th 2013. We suggested an immediate buy at $80 or lower with the stock at $79.45 at the time of our Alert to subscribers.
The stock rallied in the next 48 hour window to over $89, and the following day we alerted to take profits at $88.80 for an 11% gain.
In the ensuing 2 1/2 trading days, you can see IOC gave back all of those gains and then some with a waterfall decline pattern. Once again, had you not known where the peak of sentiment and crowd trading frenzy was, you would not have sold and perhaps given back all profits.