Ennis (EBF) Long on Reentry
Updated
A fall to $20.33 would give us a good reentry attempt. Since it has a fairly tight turn at the midpoint for now getting short at $20.80 might work. If it continues through the midpoint in the next day without giving us a chance at a reentry getting short isn't advised.
Note
Great reentry at $20.23 and we exited one lot at 20.61 after as well. We're still holding one lot for the moonshot and the price has already surpassed the 100% target meaning there is potentially more upside to come. I'd set a trailing % stop loss at your own discretion.Trade closed: target reached
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