Colfax Corporation (CFX) is breaking out of a trading range today. It is another example of a stock reaching new highs. Got involved earlier in the day with a stop below $59 and an initial target above $63 for a R/R of 3:1.
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CFX 60 Min Chart
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CFX Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
