Bunge Limited
Long
Updated

BG , Long , ( Re-entry attempt )

78
Second try here above the 10/21 ema , looked a lot nicer 1 hour ago when price action was near the top of daily range and volume is pretty low today , but I like the short period of time spent below the 10 ema and the looks of that hammer . Don't like the weak close, but , none the less, a close above 10 ema ...

Stop vs the lod
initial target - 116.37
Trade active
Trade de-risked , initial stop in effect as hard stop . But will sell after we see close below 21 ema
Trade closed manually
Nice mercy recovery today but none the less could not get it over the 21 ema prior to close and so I locked in the trade and sold the balance
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Note
Market in RTM so if this pops in near future there is probably a good chance I might have to sit the next WP entry opportunity out .

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