CERE daily Feb 20th
CERE (Ceres Inc.) has been moving higher both price & above average volume since the breakout/entry which occurred about an hour before the close yesterday. CERE is now approaching minor resistance at 0.38 where a reaction is possible. However, my final target remains .50 with a suggested sell limit order placed slight below.
Note: I have decided to make a slight adjustment to the sole profit target on this trade. T1 will now be 0.47 instead of 0.46. Of course, with CERE now up over 19% since the entry just a few trading-session hours ago, don’t hesitate to book partial or full profits and/or raise stops depending on your trading plan/trading style.