PEIX is just breaking below that key 1.00 price level. to quickly reference that, or any previous posts on a trade, click on the blue ticker symbol below the very bottom of the post. here’s the updated daily chart. remember, this is a very high risk, potentially very high return trade so adjust your position size according if you take it and pass on this one if it does not fit your risk tolerance or you are not an experienced trader. my strategy is to short a small starter position today and then add to the trade going forward only if/as it plays out. targets TBD but as i said in the previous post, this one could likely go to zero if it fails to regain that 1.00 level quickly.
