December 8

Ichimoku Stock Trade of the Week Dec 6, 2013 4 time frame buy on Media Sector

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On Dec 2, 2013, we received an Ichimoku 4 time frame buy email alert for $DJUSME, Media sector from www.ichimokutrade.com.   Here is the email alert:

 

The media sector has been consolidating after a major bullish trend.  As a result, we setup for a pull back trade.   The entry was 637.53, initial stop of 634.28, and a preserve mode of 654.12.   This was a max risk of 3.25 and a min. reward of 16.59.   This is a min. reward/risk of 5:1 i.e. 500%+.   Here is the chart setup:

 

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dow30, Ichimoku, nasdaq, S&P500, stock, Strategies, Trading


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