Stock Trade of the Week : July 18, 2014 -> 6 time frame Ichimoku Sell HSY, The Hershey Company Stock

On July 11, 2014, we received an Ichimoku Stock 6 time frame Sell email alert HSY,  The Hershey Company from www.ichimokutrade.com.     Here is the email alert:

STOCK_6xSell_EmailAlert

 

Took a 60m Pull Back .   The entry is 95.58. initial stop of 96.84, and a preserve mode value of 95.56.   This gives a max risk of .26 and a min reward of 1.02.   The reward/risk will be greater than 3:1.     Here is the chart setup:

Stock_HSY_Chart

 

The trade entered in went to preserve mode 95.56.

 

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About the Author Michael Colquitt