Traders,

Minutes after I release my video update this morning, Jasmy pumped. Currently, it is up over 17%. So now, we need to start thinking about where we should sell. I see several good fairly conservative targets in site:

1. The 50 day ma at .0252
2. A level of resistance at .031
3. The 100 day ma at .034

Could it go higher? Sure. Of course. But at this point, higher targets on this trade are much less likely and therefore, I will probably be almost completely out at the 100 day ma on this trade and closeout. I will look for a new opportunity/setup thereafter.

Best to you all!
-Stew

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Post this morning:

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