I have reduced the exposure and have a very nice average on the 50% balance of the position before.
I feel we are still overbought on weekly chart, but of course it can even go slightly higher before down. That is why we SELL into strength $ 95-98 and $ 102 if seen. Profit objective $ 80.20 for the balance of 50% position if we had no chance to add, or if some sells have been added, profit order can be raised slightly.
I feel we are still overbought on weekly chart, but of course it can even go slightly higher before down. That is why we SELL into strength $ 95-98 and $ 102 if seen. Profit objective $ 80.20 for the balance of 50% position if we had no chance to add, or if some sells have been added, profit order can be raised slightly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.