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PEIX Final Price Target Hit for 55% Gain

PEIX (Pacific Ethanol Inc) has hit T2 (the final target) for a 55% gain since the original entry (and 56% since the most recent re-entry/add-on posted on April 6th). Consider booking full profits or at least raising stops, if holding out of the unofficial T3.

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May 26, 2016 10:40am|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |3 Comments

3 Comments

  1. Gaucho May 26, 2016 10:44 am at 10:44 am

    Great Randy!!
    Which could be the pull back before going up to the unofficial T3?
    Regards

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    • rsotc May 26, 2016 10:56 am at 10:56 am

      I wouldn’t consider buying back into PEIX at least until a pullback to the 5.10 area. However, I’ll have to see what the charts look like at the time, assuming that PEIX does get there.

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  2. schooner May 26, 2016 4:23 pm at 4:23 pm

    Great trade! Congratulations on nailing that one!

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