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[Platinum Sell Alerts] (6.16.23) +$400 Profits
[Platinum Sell Alerts] (6.16.23) +$400 Profits
August 22, 2023
PAPER TRADE ONLY
Sell MDT – $89.43
Price triggered sell limit at the resistance level. This level goes bac several weeks. Some traders might have taken 1/2 of the position off to retain cost basis, however with an extended weekend, the whole position was taken off. This provided the portfolio with a 4.259% gain or $368.00 for a 100-lot position.
Sell NTRA – $50.90
Sell limit order was triggered at just above the 50-day SMA which has shown hard resistance for the past several days. The 50-day was converging with the intermediate term resistance, and the RSI fell below the 50 level. This provided the portfolio with a 0.35% gain or $18.00 for a 100-lot trade and with this chart, I’m glad we finished with a gain.
These charts can be seen at the Stock Watchlist Channel. This information is for educational purposes and not a recommendation to buy or sell a stock
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