For reasons to be discussed in my today's regular Stock Trading Alert, standing ready to open long positions at an opportune setting from the risk reward perspective, is justified. Please see below for details.
Trading position (short-term; futures; our opinion): long positions (100% position size) (entered via buy limit order at 3285) with stop-loss at 3130 and initial upside target at 3400 are justified from the risk-reward perspective.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
