Bought 15% GOOG @ $121.00 Stop @ $118.89 Target @ $129.00 This is a very straightforward breakout trade. With trades like this we are playing the momentum of the breakout. If that fails we’ll be out quickly for a very small loss. The reward-to-risk is good on these breakouts, and we especially like them when the breakout resistance has already been tested multiple times. The initial target is the 200-Day Moving Average, but would likely … read more Trade Alert