The chart below shows SCG's stock price over 3-month period. Entry point is t...
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The chart below shows SCG's stock price over 3-month period. Entry point is the price that your company took a SHORT position.
Based on the four possible exit points that are labelled in yellow, choose the nearest outcome of the trade using Ratchet approach as an exit strategy, given that you are permitted to risk 4% of capital and the company has not implemented any other strategy to this trade.
The exit price is:
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