Collective2: LWAY out

Lifeway Foods (LWAY) was the best play of the summer for the portfolio, but unfortunately the stock undercut what I considered to be support, and the position was stopped out for a reduced profit (an alternative support would be the lows of the big white candlestick i.e. a loss of $17). The 700 share position finished with a +$3,052 (+33.5%) profit. The gains were enough to give a net positive return for August (+2.5% per trade)







Popular posts from this blog

S&P "Bull Trap"?

"Black Candlesticks" are a concern for the S&P and Nasdaq

Round 2 for the bearish "black" candlestick in S&P and Nasdaq

Archive

Show more