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We have a GNC tree that was closed at profit of
144 percent
and let's go ahead and take a look at the chart real quick.
We had a triangle pattern on GNC last week
on a short term thirty minute time frame
and nicely
well-formed.
After we entered to trade the triangle pattern started
move in our favor and my target initially was 46.40.
This morning at the opening bell
it gapped down and even though I had a trade
that was waiting to be filled
at a dollar forty I was filled a dollar eighty-five
because of that gap down, so it's nice to see that the broker will go ahead and
fill add up better price
when the market moves fast.
March 11th we entered the trade, and March 17
this morning we got out. We paid 70 cents to get in the trade
and we're closed at a dollar eighty. That
is the GNC Trade Adjustment.
You can visit the
website at
traders- education- network.com or investors educationnetwork dot com
you can go to the search tab and plug in
a symbol if you want to go ahead see some of the trades that were done,
or just go up and hit the Trade Log tab. You can also subscribe to the
YouTube channel.
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