Trade Review: WES
Western Midstream Partners LP (WES) was identified using our custom Mark Minervini Trend Template scanner. We entered on August 17 and manually closed the position on August 26 for a -0.80% (less than 1%) loss since the trade did not materialize according to our original thesis.
Setup
WES met our Mark Minervini Trend Template criteria. The thesis required a breakout.
Entry
We entered WES on August 17, 2026.
Initial Stop
The position had defined risk before entry, which 3% our entry.
Target
The trade needed to break out and gain momentum. It did not.
Result
WES stalled after entry. We closed the position manually for a -0.80% loss.
% Realized Gain/Loss
-0.80%
Position Status
Closed.
Lesson
The breakout never materialized. We did not hold a position that was not working. Small losses are part of the process.
This article reflects our own research and trade process. It is not personalized investment advice or a recommendation to buy or sell any security. Trading involves risk, and past performance does not guarantee future results.