Tuesday, 21 April 2009

Charter plc - A second bite of the cherry.

Today Charter Plc (CHTR.L) is down over 6.5%. My plan was to go long on a pullback such as this one and I was filled at 463.08.

My order details;
Buy Market @ 463.08p (Pre-determined entry point)
Stop - 434.08p (Logical level of support)
Target - 522.08p (75% of the upward channel)
Position size - £7/point. (£7 * 29pts = £203)
Max risk - £203 (1.8% of The AtticFund)



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