BotTrigger then reentered long @ $107.11 and then sold @ $115.10 for another 7.5% gain bringing our net gain to 184.5% so far.
Here's a snapshot of our posted trades in the Members area:
This is the power of buying right and sitting tight.
TRADE 1 - ROUNDTRIP
Average Buy Price: $43.25
Average Sell Price: $115.71
TRADE 2 - ROUNDTRIP
Buy Price: $107.11
Sell Price: $115.10
GAIN → +184.5%
BotTrigger Buy & Sell signals on $ACIA
BotTrigger initiated 2 sell signals to our Members: one on 8/19/16 @ $115.92 and then once again another one on 8/31/16. We missed about 10 points of upside from there. BotTrigger is not going to pick perfect tops or bottoms. But it's win rate on distinguishing the probability for a top is very reliable. There was strong evidence to suggest that the near term trend was getting toppy and we took notice of the long legged doji that were showing up on the hourly bars, showing long wicks which usually indicated that heavy supply is coming in from that zone. They were repeated signals, that heavier hands were getting out, while retail chase a stalled bid.
The primary term is still being established with ACIA. Under no circumstances are we saying this is a short candidate or not going much higher for that matter. This trade was largely made as an opportunity to lock in significant profits and stalk a better entry after the stock has time to rest and set up again.
When it does, BotTrigger will let our Members know first hand via real-time mobile alerts.
You can view BotTrigger's past posts on the ACIA trades that were made here:
May 24 → BotTrigger Buy Alert
July 13 → BotTrigger Buy Alert
Aug 25 → BotTrigger Sell Alert