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Nordson Corp (NASDAQ: NDSN). June. Short. + 4.69% On Invested Capital.

|About: Nordson Corporation (NDSN)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for June.

The forecast were printed on June 6, 2019. My system showed a potential drop market in June. The market grew in June. I did not consider buy signals.

June 13

Short

Volume position 1000 shares.

Position opening: $ 132.95.

$ 132.95 x 1000 shares = $ 132,950. This is the invested capital.

Stop Loss: $ 134.50.

June 14

On my system at the price of $ 131.40, 50% of the position was closed.

$ 132.95 x 1000 shares = $ 132,950

$ 131.40 x 1000 shares = $ 131,400

$ 132,950 - $ 131,400 = $ 1,550. This is 1.16% on invested capital.

We continue to hold the position.

$ 132.95 x 500 = $ 66,475

June 14

Short

Volume position 500 shares.

Position opening: $ 130.45.

June 17

Position June 13

On my system at the price of $ 129.85, 50% of the position was closed.

$ 132.95 x 500 = $ 66,475

$ 129.85 x 500 = $ 64,925

$ 66,475 - $ 64,925 = $ 1,550. This is 2.33% on invested capital.

We continue to hold the position.

$ 132.95 x 250 = $ 33,237

June 17

Position June 14

On my system at the price of $ 129.45, 50% of the position was closed.

$ 130.45 x 500 = $ 65,225

$ 129.45 x 500 = $ 64,725

$ 65,225 - $ 64,725 = $ 500. This is 0.76% on invested capital.

We continue to hold the position.

$ 130.45 x 250 = $ 32,612

June 18

Closing position on June 14

$ 130.45 x 250 = $ 32,612

$ 130.15 x 250 = $ 32,537

$ 32,612 - $ 32,537 = $ 75. This is 0.22% on invested capital.

June 18

Closing position on June 13

$ 132.95 x 250 = $ 33,237

$ 132.65 x 250 = $ 33,162

$ 33,912 - $ 33,837 = $ 75. This is 0.22% on invested capital.

Profit for June.

$ 1,550 + $ 1,550 + $ 500 + $ 75 + $ 75 = $ 3,750

1.16% + 2.33% + 0.76% + 0.22% + 0.22% = 4.69%

By the way. The position volume could be increased 2 times. This is for this ticker.