Collective2: CHUX out

One trade was knocked out as another was added. I gave CHUX a little more room than usual to account for the most recent reaction low (as opposed to nearest support which at the time was at $18.15). The earlier break of the 50-day MA, which was support at $16.75, could have been used as an earlier exit point. Today's intraday move was enough to hit the fixed stop, although a short term rally back to the 50-day MA would provide a more favorable exit.

The 500 share lot closed for a loss of -$810.




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