AI
| Followers | 368 |
| Posts | 5333 |
| Boards Moderated | 1 |
| Alias Born | 05/09/2013 |
Wednesday, June 10, 2015 5:09:28 PM
See how it does after today. I think chances are good CLD breaks out higher (with 6 area upside target a good chance).
Seems to be ready to make a major move one way or another as it sits at 5.20-5,30 area today.
A 5.10 stop-loss applied here of course (a tight stop-loss area) and good position to be in when considering risk/reward from 5.20s.
If stop-loss would trigger, a loss at stop-loss near 5.10 would be minimal in contrast to seeking a higher trade here (reward favorable here possibly)
Seems to be ready to make a major move one way or another as it sits at 5.20-5,30 area today.
A 5.10 stop-loss applied here of course (a tight stop-loss area) and good position to be in when considering risk/reward from 5.20s.
If stop-loss would trigger, a loss at stop-loss near 5.10 would be minimal in contrast to seeking a higher trade here (reward favorable here possibly)
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
