Position closed stop loss reached

Brad Holland

Brad has over 20 years experience in the Australian and US equities and options markets. Brad specialises in equities and options for capital growth, income generation and capital protection. He also specialises in finding opportunities in small to medium cap stocks. Brad holds RG146 - Securities & Managed Investments and Accredited Derivatives Adviser Level 2 qualifications.

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June 5, 2024

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AD8.AX | High Conviction Report

The Audinate Group (AD8) position is now closed. The stop loss level was reached, and the remaining shares sold at $16.75.

Another nice profit on a closed position.

Closed position Result

Number of Shares Purchased: 300

Initial buy price: $16.25

1^st Exit: 100 shares @ $22.75

2^nd Exit: 200 shares at $16.75

Average Exit Price: $18.75

Position closed for a Profit of $750 or an 15.38% return on funds invested.

This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.