Traders_Paradise

Our scanner pointed out SUI as a possible trading opportunity.

Long
NYSE:SUI   Sun Communities, Inc

Current price is too high in the distance scale of 52-weeks highs and lows, according to the formula: [ 1-(High-Current)/( High-Low ) ].

The system identifies more buyers than sellers at this time, but due to high price, the system also predict price will fall to around $170-171 and will bounce back up, but lower than highest price.

Company was also compared to its competitors and has higher than average score.

Here's the algo trader best strategy to trade.

Market price is too risky. Set an alarm as shown in chart and then use the Take profit/Stop loss strategy.
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