Charles River Laboratories Q2 Profit, Revenue Rise

Stock suggested by my dad as one to watch. Nice strong upward trend with financials also headed in the right way.

Might be a bit expensive at the moment looking at the RSI, so on the watch list waiting for a bit of a pullback prior to any entry decisions.

Worth a look.

Kommentera:

How To: Risk Management - A Trailing Stop Loss of 15% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

Kommentera:

Still moving in the right direction.