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ericsolan
١٢ شباط فبراير ٢٠٢٠ ٠٢:٢٤
Smuckers LONG breakout potential
شراء
NYSE:SJM
The J.M. Smucker Company
NYSE
الوصف
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١٢ شباط فبراير ٢٠٢٠ ٠٢:٢٤
As
SJM
broke its minor downward trendline and came back down to a retest, a long position is entered with a tight stop.
Factors leading to the decision:
The small recent downtrend has been broken
The downtrend was broken after a few bounces off of major support that's been important for months
The 20ma was broken, pulling in moving-average traders off the side-lines
A recent low offers a perfect spot to put a logical technical stop
Price just now broke through recent highs, showing more strength
As always, respect a tight-stop. If it rips up, let it run and trail stops behind.
أغلقت الصفقة: تم الوصول لوقف الخسارة
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٢٨ شباط فبراير ٢٠٢٠ ١٩:١٤
Support and Resistance
Trend Lines
Wedge
breakout
المزيد