No. of Recommendations: 2
MSFT Trade #2

OK... appears to me I was merely too anxious to play, perhaps, in setting entry stops where I did (or maybe not... ni importante...)

Jockeying into position & setting up again to catch a wave, this time only interested in an upside breakout.

Broad equity indexes look toppy & soft to me.
Long bonds are confirming & nodding along with me...
MSFT (a "safety stock") seems to have found a solid support floor to spring from... Been hanging out in the doldrums a long time (maybe it's become "home" there? Betting not yet on this...)

Account Size = $9,743.20
Max Position Risk in percentage = 5%
Max Position Risk in dollars = $487.16

I'm going to place a break-out stop entry to go LONG.

27.22 Buy-Stop LONG Entry
x 700 Shares

UPON FILL;
26.69 Stop-Loss Sell
(Share Risk .53 = Position Risk $371)
32.60 Profit-Stop (Reversal Trap)

Dave
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