I have been holding a swing trade in the CME for a bit over a month now. The stock is trading at about $294 right now, which is close to our upside target price of $300. The decision to be made is where to take the profit. Resistence at $300 is not huge. Will the stock go through it and continue upwards? Will the market soon begin its long awaited correction? Will making trading decisions ever be easy?
As We mentioned last week, we also bought some Eastman Kodak. This trade is working well, with EK being up about 12% from where we bought it. We are loking to get at least $7 for it.
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