There was a signal to go SHORT on COLOSSUS MINERAL’s stock. The Entry was at $1.80 and the Initial Stop for the trade was $1.87. A risk of $0.07 per share. The target was set at $1.54 based on proprietary Ichimoku system. As expected, the trade moved in the favour and the target was achieved. The target of $1.54 was hit and a profit of $0.26 per share was encashed. The Risk to Reward ratio was 1 : 3.71.
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