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Trade setup on Nabors Industries

Date : 19/07/2011
Stock : Nabor Industrie (NYSE) USD
Ticker : NBR.N
Market : NYSE
In : 25,55 USD
Target : 23,69 USD
Stop : Double ATR = 27,41 USD
 
Comment
Oversold confirmed by Center of Gravity, Timing and Dynamic RSI
Money management:
Account : 10.000 USD
Max loss: 3% = 300 USD
Stop @ 27,41  = 1,86 USD
Position: 300 : 1,86 = 161 stocks

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