There was a signal to go SHORT on CALLOWAY REAL ESTATE INVESTMENT TRUST’s stock. The Entry was at $27.77 and the Initial Stop for the trade was $28.01. A risk of $0.24 per share. As the price started to move down in the favour of the trade, the price was being trailed based on proprietary Ichimoku system. The stop got hit at $26.76 on a retracement of the price after a substantial profit had been locked in. There was a profit of $1.01 per share. The Risk to Reward ratio was 1 : 4.21.
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