The Nasdaq 100 is at all-time highs and the technical trade note has played out well. We have reached our target price and I have move our stop loss to the target price to lock in those profits and I will be letting this one ride as far as possible.
In this note I indicate some trade maintenance proceeding further.
Ways to proceed:
- Move stop loss to target price 7506.
- Take some profit at current level and manage stop loss higher.
- Close position and wait for new entry.
Chart Source: Bloomberg
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