The previous accumulation ranged between $20.3 (low) - $24 (high), 8th Feb - 16th. we had a breakout to the up side to $30 price mark that gives signal of more upward price movements. Today, we have a chance to buy at a cheap price at $22.6. My stops will be at the previous range low at $20.3, First take profit at $24, Second take profit at $30. Futures traders should be more frugal with their stops and not over leverage.
PS: not a Financial advice
PS: not a Financial advice
Commentaire:
stops taken out