Active Swing Trade Management: A $1500+ Profit in CBI

In this special video, Nightly Game Plan Moderator Sami Abusaad walks you through a winning trade in Chicago Bridge & Iron (CBI).

Like many infrastructure stocks, CBI was flying high after the President election, but it's since come back down to Earth.

But on August 22, Sami spotted an opportunity for a swing long with one of his favorte strategies: the Exhaustion Gap Fade

As of the close on Thursday, August 24, the trade had returned $1,550 for Sami. (click here for a breakdown of our P&L calculations)

In the video below, Sami's going to walk you through the trade from start to finish so you can understand:

Why Sami starts with the daily chart, and then drops down to the hourly
How Sami identified the entry at $10.15, and how he managed his stops to minimize risk
Risk-reward calculations
What to do when a stock hits a target
Trailing a stop for ongoing risk management
How this trade fit into the 4 stages of stock movement