We've avoided some of the downside momentum eat into our open profits some more, and the selling pressure appears to be over in the very short-term. Time to jump back in on the long side, please see Trading position section for details.
Trading position (short-term; our opinion): long position (100% position size) (at market, that's 3095 currently) with stop-loss at 2570 and the initial upside target at 3220.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
