Long CRM @284.05 - oversold
Updated
Lots of the Nasdaq is oversold today and CRM looks as good as anything to buy today. Will add more lots as long as it's oversold and sell as soon as each lot becomes profitable and is overbought.
Trade closed: target reached
Just closed the position in CRM for 299.50 - I got stuck in traffic or I'd have sold it at the close. +5.3% in 4 trading days. 4 up days in a row after I bought - I love those kind of trades.Note
Trade summary for my records
Wins 1 Losses 0
Lot 1: +5.3% in 4 trading days
Gain per lot per day held = 1.325%
Annualized return per lot per day held = 1.325% x 252 trading days = +334%
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