Suggested Entry $39.35 Suggested Stop Loss $38.61 Target price $41.72
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Comment
I suggest waiting for the price to bounce off and confirm the new resistance line before placing a Limit Order.
Order cancelled
I ended up taking a short position and profit from it (chart published in a more recent idea).
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