We had a great Open House Session last Monday night as we looked at a good number of stock symbols that were submitted by the audience. One symbol came up in the Q&A box that I didn’t get a chance to talk about and that was UUP.
After keeping a close eye on this, I’ve decided that UUP would be our next best candidate. Mainly because the markets are still in a topping position and it would be too risky to take in a new equity position at this point.
Below you will see a link that will explain all of the signals, along with our plan of action.
I’ve also attached a PDF file that explains the risk management plan for this position. Please be sure to review all of the material before entering any trades to your account.
Happy Trading.
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