RichSimon

CHDN 29% profit / Long trade 129.78 -> 166.84 / Stop Loss: 120.5

Long
RichSimon Updated   
NASDAQ:CHDN   Churchill Downs, Incorporated
Short-term trade idea for CHDN .
Long trade 129.78 -> 166.84 / Stop Loss: 120.5 (use Trailing Stop with 9.27 below the market).
Profit: 29%, Risk: 7.5%, 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

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