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Tech Data Corp (TECD) broke out to new multi-year high today. Initially profiled in our July 14 evening “Swing Trader Bulletin“, the long setup had gained more than 33% less than 2 months and remained well positioned.
As shown, TECD is now entering the third swing trading target zone. Recall that the original setup on July 14 evening was to go long with an initial swing trading target of $32.30 to $33.13 then $45.40. Stop @ $30.12. Given that the stock closed at $31.21 on July 14, the setup offered a very good risk/reward profile.
You see, our trend-following system is very unique as it attempts to pick turns before others see them.
Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.
This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?
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