The momentum of yesterday's upswing waned as the session progressed. Despite the daily candle's shooting star shape, the short-term indicators that we'll discuss in the regular Stock Trading Alert, continue favoring the bulls. Therefore, reopening the long position is justified from the risk-reward perspective - please see trading position section for the details.

Trading position (short-term; our opinion): long positions (at market - that's 2637 currently) with stop-loss at 2585 and the binding take-profit at 2750 are justified from the risk/reward perspective.

Thank you.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care