There was an entry to go LONG on LOBLAW COMPANIES LTD’s stock. The Entry was at $41.73 and the Stop for the trade was $41.48. A risk of $0.25 per share. The price was being trailed based on our proprietary Ichimoku method and the trade got stopped out on a small pull back as we were preserving the profits. The exit was at $42.35 and a profit of $0.60 per share was achieved. with a Risk to Reward ratio of 1 : 2.4.
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