Stock Trade of the Week : Jan 24, 2014 / 7 time frame Ichimoku Sell AT&T

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  • Stock Trade of the Week : Jan 24, 2014 / 7 time frame Ichimoku Sell AT&T

On Jan 22, 2014, we received an Ichimoku 7 time frame Sell email alert on the Stock A&T  from     Here is the email alert:
The instrument is trading within a consolidation pattern so we are going to keep our risk low by doing a pull back trade.    The entry  is 34.16, initial stop of 34.35, and preserve mode of 33.18.    This gives a max risk of 0.19 and a min. reward of 0.98.  This gives us a min. reward/risk of 5:1 i.e. 515%.    Here is the chart setup:
The trade is profitable but we are still not at preserve mode right now.
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