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[Platinum Sell Alert] (4.18.23) 1 Sell Alert with $238 profit

[Platinum Sell Alert] (4.18.23) 1 Sell Alert with $238 profit
August 21, 2023

PAPER TRADE ONLY 

Sell – A: $140.90 

Price hit stop limit set at resistance level (50-day SMA) We had talked about how the 9 & 50 day SMAs were converging and price action was continually getting rejected at that level. This provided the portfolio with a 1.72% paper trade gain or $238.00 in 6 days. 

Many buy / sell battles tend to happen around moving averages.  

This information is for educational purposes and is not a recommendation to buy or sell a security.

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