Wednesday, July 29, 2015

MAXS: Potential range trade opportunity

Max's Group, Inc.

Potential range trading opportunity at 24.2~25.75 range.

*Immediate support at 24.
*Immediate resistance at 25.9 (next resistance area around 27.5~29).

Trading Plan
- Buy near support.
- TP at 25.75 (limited upside/tight range)
- Stop-loss at 23.5 for a risk/reward ratio of around 1:2.


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