Tuesday, 31 March 2015

[Bearish Setup] EXH (NYSE)

A bearish setup for EXH with an inverted hammer. My entry will be $33.13, stop-loss $34.77 and take profit $30.97.

The risk-reward-ratio is 1.31

I will be risking USD$200 if the price hits my entry price tonight. That equates to a potential earning $262.84

This will be equal to roughly SGD$360.

As usual, be patient and observe the market before taking a position.