* Our KYPH trade results in losses of up to - $1.47 per share in 2 days.
Date
Stock
Position
Entry
Current
Stop
Max P/L
09-03
KYPH
Long
26.31
25.85
just below 24.90
KYPH set up Wednesday when it traded above 26.25 @ 26.31. It traded as high as 27.00 not yet reaching our first target of 27.66 to 27.78 (always sell at least 1/2 of your shares once your risk is covered, then move your stop to your entrance price to lock in gains) but resulting in profits of up to + 69 cents per share.
Date
Stock
Position
Entry
Current
Stop
Max P/L
09-04
KYPH
Long
26.31
24.99
closed
up to - $1.47 per share
Traders holding overnight into Thursday were advised to keep your stops just below 24.90 to reduce risk and the stock gapped down Thursday hitting our stop, closing the trade for losses of up to - $1.47 per share.
