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Below are just a few trade ideas.
We try to find low risk set ups and entries. To ensure that the risk remains low, we use reasonable stops and honor them if the trade goes against us. Being wrong is OK, it will happen from time to time. Staying wrong can damage your account.
WIX - Just broke back above the 50sma again. Your stop would be under the 50sma.
GPRO - re-gained the 50sma, but gapped open. You may want to wait for a break out above the blue dotted line
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Read MoreHey, it did happen a few yrs ago, but now that I have your attention 🙂 I need to review something in the GOLD - SILVER - MINERS section of this report. First a quick review of the markets.
As expected , Follow through in the DJIA, SPX, NASDAQ, etc
Read MoreWhen the markets are volatile and choppy, it can be difficult to buy and hold a position for anything more than a day or two. We have had some very choppy markets lately. The good news is that the current set up that I am seeing in the markets currently may provide an opportunity to 'SHOP' with a little less "CHOP".
SPX - The blue lines point to the type of run I think we will see. We may have a pause or two, but I expect higher prices.
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