After setting a new all-time high, this stock dipped lower today, which is common whens stocks make a string of new highs. These dips help to consolidate gains and shake out investors who take their short-term profits. The stock then recover and moves higher. With the outlook unchanged as bullish for the stock, today’s dip is an opportunity for setting up trades.
Here is the short-term trade I placed.
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2nd Trade Alert and Idea for Wed Nov 3 2021
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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