SPY: Trend Continuation, 9.34% Potential Profit!
Description: SPY is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $389.3 - $401
2. Take profit: $446.32
3. Stop Loss: $395.93
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 87%
Stats:
1. Ideal buy range: $389.3 - $401
2. Take profit: $446.32
3. Stop Loss: $395.93
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 87%
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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.
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.