$PMTS – UPDATE: +1.02R, Move Stop Up to Protect 0.25R

Today started off grim! The price was down a good bit and recovering seemed suspect. Then, in the second half of the day, it recovered back squarely into the up channel. That little early day shakeout looked like a retest of the pivot, as it got awfully close to it. That recovery on increasing volume looks pretty strong.

I ended closing with just over a 1R gain. Therefore, it’s time to move the stop up and protect a little.

Position Details

Leave a Comment


No comments yet. Why don’t you start the discussion?

Leave a Reply