Long Position for NASDAQ relatively low risk/reward ratio

Updated
Hi all,

My idea is long on NASDAQ.

DYOR, this is just an idea.

Cheers,
James
Trade closed: stop reached
Idea closed. Looking for another long entry.

When the index get's closer to the 200 day moving average.
Note
A day too early. NASDAQ has bounced back. Let the bulls continue...
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