Cycle projections for this move point higher, even though a pullback or consolidation is due this week.
The buy condition for last week’s recommended trade was met at 2 PM Monday June 17 with the option at a price of $4.25. As of Friday’s close, the gain was 71%. To protect as much of that as possible, I am raising trailing mental stops. I am not recommending any new trades at this time, but will send an email bulletin if anything changes.
Here are the keys. Technical Trader subscribers, click here to download the report.
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