TJX 23% profit / Long trade 52.98 -> 65.01 / Stop Loss: 49.97

Updated
Short-term trade idea for TJX.
Long trade 52.98 -> 65.01 / Stop Loss: 49.97 (use Trailing Stop with 3.01 below the market).
Profit: 23%, Risk: 5.5%, Risk ratio = 1/4 for all our ideas.
Size: no more 5% of the portfolio for all our ideas.

All equities from our ideas was fundamentally checked and have good ratios (P/E, Debt/Equity, Sales past 5Y, Profit Margin) together with strong long-term up trends.

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Trade closed: stop reached
FibonacciMoving AveragesTrend Lines

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