CANADIAN STOCK Ichimoku Trade of the Week: LINAMAR CORPORATION, October 08 – 12, 2012

This is the weekly trade for the Canadian Stock Market.
We received an Email Alert on October 08, 2012 for a 3 time frame Buy / Sell opportunity.

There was an entry to go SHORT on Linamar Corporation’s stock. The entry was at $20.66 and the stop for the trade was $20.93. The risk of $0.27 per share. Market turned around and the trade was exited at $20.06, which was a Preserve Mode. Profit of $0.60 per share.

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
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About the Author Vinesh Midha