The rebound is unfolding just fine, and it certainly makes sense to ride the momentum and milk this profitable trade even more while improving its risk-reward ratio. That's why we're updating the position parameters - please see the trading position for full details.
Trading position (short-term; our opinion): long positions (100% position size) with stop-loss level at 2320 and the initial upside target at 2450.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care
