RE: Watchlist - Traders method
CHK came up in the Daily Breakouts and breakdowns thread last night here: http://stageanalysis.net/forum/showthrea...97#pid1197 and is continuing it's new Stage 2A breakout in the early trade today.
The trader stop loss would go under the most recent swing low which was 22.09 and the whole number - so under 22, which would give a trader stop loss distance of around 2x ATR(200) which is good for a breakout entry. Attached is the charts.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.