Trade #3 Update 2 – West Pharmaceuticals Inc

stock exchange

As a reminder, I entered this trade on 19th October. The entry point was 40900 at £1 a point, with a stop at 2000 points below the entry and a take profit 6000 points above the entry, giving a potential profit/loss ratio of 3:1.

The current price is 43764 which means we are showing a profit of (43764 – 40900) * £1 = £2864.

There is no need to take any action and I’ll just continue to monitor the trade over the coming weeks.

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You get a monthly update on my thoughts about the markets, my running trades and potential new trades.

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