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WEAT First Price Target Hit for 5% Gain

The WEAT (Wheat ETF) Active Long Trade gapped up to open at 7.30 today, which is where any standing sell limit orders at T1 (7.25) would have been filled, thereby providing a relatively quick 5.3% gain on the trade. T3 remains the final target at this time with the possibility of adding additional targets if the outlook for wheat continues to firm up. Previous & updated daily charts:

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Jan 17, 2017 2:20pm|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , |Comments Off on WEAT First Price Target Hit for 5% Gain