ACTION:
$13.75 Stop Limit triggered on shares of JDS Uniphase (JDSU, $13.83, down $0.07).
Dear Momentum Stocks Weekly Subscriber,
I have a Profit Alert for one of our current trades that was stopped out following the open this morning.
JDS Uniphase (JDSU, $13.83, down $0.07)
Original Entry Price: $14.07 (12/19/14)
Lowered Price from selling options: $13.54
Exit Target: $18+
Return: 2%
Stop Target: $13.75 (Stop Limit)
The Stop Limit of $13.75 has triggered following this morning’s dip to $13.74. I will keep JDSU on my Watch List for another possibly re-entry point. However, for now, I’m out.
All prices given in this update are current as 10:45 a.m. EST.
Every new Momentum Stocks Weekly recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.
Trade on!
Rick Rouse
Editor
Momentum Stocks Weekly