My Trading Buddy

[bratby]

VantagePoint Trading Journal $SJM

$SJM has been in a persistent downtrend since the beginning of March 2017. However, there was a major reversal signal from VantagePoint’s PMA on May 18th. This is a signal for a new opportunity to get long the market.

Below is a summary on the recent market movement of SJM as of May 22.

100 SHARES = $12,526

ENTRY Price on 5-19-17 = $125.26
Close price as of recent chart (5-22-17) = 126.96
Potential profit = $1.70 per share
Current Stop Loss = $123.80
This is $1.46 away from entry price and our current risk per share

To Read the Full Trading Journal with Charts for $SJM Click HERE >>>>