Ichimoku US Stock Trade of the Week ending September 25, 2015: COACH INC

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  • Ichimoku US Stock Trade of the Week ending September 25, 2015: COACH INC

On September 21, 2015 we received a 7 time frame sell email alert on COACH INC (COH). The email alert is shown below:

COH alert - 27.9.2015


Looking at the charts, we set up our Pull back Entry at a multiple time frame resistance of 29.64, with a Stop Loss placed at 29.78; our risk was capped at 14 cents.  We exited the trade at our ‘Preserve Mode’ of 28.99 with a 65 cent profit. The reward/risk ratio was 4.6/1.

Below is the chart setup:

COH - 27.9.2015


If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

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