CERE (Ceres Inc) has now hit the final target of 0.47, trading as high as 0.49 shorting following the open today. That gives CERE a profit of 51.6% since the entry price of 0.31 less than 8 trading sessions ago, a great example of how risk & reward go hand-in-hand (i.e.- you are rewarded with above average percentage gains for the above average percentage loss that you risk if stopped out) as well as how even by reducing your position size on such aggressive trades (in order to mitigate potential losses) can still lead to above average net (dollar) gains when compared to the typical, average-risk trade. Consider booking full profits as T2 was the final target. CERE will now be moved to the Completed Trades category. 60 minute & daily charts below.
click here to view the live, annotated chart of CERE