Here’s an updated chart listing the three profit targets for the PRAA short trade posted earlier today. As of now, my preferred target is T3 at 92.02 (the actual support/expected bounce level is 91.90 but targets on short trades are placed just above support to help assure a fill). A stop over the 129.70 level would offer about a 3:1 R/R if targeting that level. For those preferring the first or second targets, a tighter stop would be suggested.
