TRADE ALERT & UPDATES
Traders,
This next trade has the potential of 86%+ profit. I have waited very patiently for APE to come down to it’s strong support of $4.29 …and here it is. I believe it’s go time!
Position = APE
Entry = 4.34
Stop Loss = 2.88
Final Target = 8.10
Risk/Reward = 2.5/1
Leverage = 1x
Profit Potential = +86%
Additional trades that I have made since the last post?
First of all, I was stopped out of NWC last night right as it was bottoming out. It pumped nearly 20% today. This is super frustrating but I am hoping to get back in before it really rockets.
I also wanted to let you all know I took profits on both ADA and EOS. Neither of them reached their final targets yet but I have reasons for taking profit on each. ADA simply did not take off as I was suspecting. I would have expected more of a pop outside of the black trend line. Instead, it ran into the 50 and 100 dma and stopped.
And EOS ran into the 200 dma. I thought about just capturing half profits but I’d rather take while I can. It may be a few more days before it crosses the 200 dma. I’ll watch for a little bit of a pullback and see if I can’t re-enter at a better price point.
Stew