We bought X stock at $21.08. 10% size. Stop is placed just below the trendline (upward trending gold line at bottom of chart), which is currently at $20.67 (stop placed at $20.50 today), but will increase slightly each day. Initial target is at $24.37. The stock dropped hard, making a low in May before beginning a slow trend higher. The 50-Day Moving Average has now flattened and should act as support for a bounce off … read more Trade Alert
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