OK to Take Some Profits Now
Nearing resistance, so it is good to book some profits at current price level. MACD histogram is weak, so more uptrust from here is getting slim. I typically hold like 15%-20% cash at resistance level. If we get a pullback, this reserve will be used for dollar-cost averaging later. Good luck.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.