Was it not a price driver analysis? Or is it a macro analysis? Because if you are down $3, the price drivers seems to be driving price opposite of your analysis.
Stepping in here, shorting same size at 27.90 to increase break even level. Yes, it is a price driver trade but these particular inputs are obviously early. surf
Proper position sizing relevant to goals/account size should never allow short term opportunity cost to be a factor in holding a position for the drivers to activate. we are not day traders. surf
Well, I wish you luck, even though it would appear that you favor buy and fold, so to speak. How long have you been holding the position now?
Stops are for weak hands, nervous nellys and over leveraged pikers. I'll close the position when/if the underlying logic changes. surf
What percentage of your account equity are you willing to let the position go against you before you reconsider, drivers notwithstanding?
jcp move up from mid july is pretty strong. although i think medium term top somewhere up here is good, we'll probably get more sideways than down for a while.