Entry for long position
Strong Fundamental data has created the more recent bullish trend. I have been waiting for a safe entry point for about 2 months now after selling off some profits in the 13s. mid 10s has been my forecast for optimum entry for some time now and it looks like we are just about there. I am thinking that I will phase in throughout this week and set a stop around 9.75. Profit targets are hard to project but my gut tells me somewhere around mid 17s.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.