FKLI1!
could be headed for another round to the upside IF it manages to break above 1606. Keeping stops tight at 1602.5 with a target area of 1618. Good luck.
Trade closed: stop reached:
Unfortunately this traded didn't quite reach the initial target and reversed to be closed at a slight loss which is perfectly normal as the market was overextended.
Hence always a good idea to keep stops tight when its overextended.
Hence always a good idea to keep stops tight when its overextended.
