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SOYB Final Price Target Hit for an 8% Gain

The SOYB (Soybean ETF) Active Long Trade has hit the final target, T2 at 18.90, for a 7.5% gain & will now be moved to the Completed Trade category. As mentioned in the previous update on SOYB, the longer-term bullish case has continued to build but since I didn't get around a posting additional official price targets for this trade as I was considering earlier, SOYB will be closed out here although I will very likely add it back as another long swing trade + long-term trade idea soon, quite likely on either a pullback from this T2 resistance level (actual resistance line on the chart is at 19.00) or possibly on a solid breakout above that level.

SOYB daily April 18th

SOYB daily April 18th

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Apr 18, 2016 12:03pm|Categories: Completed Trades - Long, Gold & Commodities|Tags: |Comments Off on SOYB Final Price Target Hit for an 8% Gain