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Afzal Lokhandwala: Exits RCUS position after sharp decline hits stop level

Afzal Lokhandwala: Exits RCUS position after sharp decline hits stop level
RCUS stop hit after sharp decline

Afzal Lokhandwala, market commentator and trader at FinTwit / Social Media, shared that he exited his RCUS position at a loss after the stock fell sharply this week. Lokhandwala noted that his pre-marked stop level was reached, leaving no further decision to make on the trade.

Lokhandwala has previously reported closing an ABB trade at a loss after it reached his stop level, as detailed in an earlier update. He also logged an 18 percent gain on ENGINERSIN, noting that partial profits were secured following a partial sale in a separate report. These posts show his consistent focus on disciplined trade management and transparent communication with his audience.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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