Sagar
Here is another application of the precision trading technique.

$SXC.

Rick analyzed this stock in the CUE Traders' Stock Pick category (last Friday's analysis). It was a great application of the CUE 360 technique.

However, it is not usually a good idea to buy a stock right after earnings. I tend to avoid that (both just before as well as just after earning).

SXC had jumped up after earnings, which was on last Friday (it was/is undervalued stock with short squeeze potential). It went up with the industry/peers.

However, today it pulled back. Its peers and industry also weakened (at least as of ~2:30 PM EST).

I used the CUE precision entry technique & Fine Tune chart to take a long position today before my YouTube live session.

After the session, the trade had 2.7%+ profit. This entry was similar to my MDP entry. MDP went up more.

I am going to make sure that the SXC profit does not turn into a loss. I have put a stop order to ensure that the trade exits at least with some profit if the stock comes down from the current price level.

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Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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