Trade Review: ALKS
Stopped Out. Position Closed.
Setup
20 SMA Support Scanner
Entry
Entry at $52.69 on July 22.
Initial Stop
$49.49
Target
None Hit
Result
The position was sold at $49.49 on July 28 after the stop was triggered.
Average Exit
$49.49
Percentage Realized Loss
6.07%
Position Status
Closed.
Lesson
Respect the stop. Preserve capital. The support setup failed, and the planned exit contained the loss.