If you're interested in Stacks, now is a good time to open a new long position as it sits right on the MA-200. While it will face significant resistance on its potential upward journey, you can protect against downside risk by placing a stop just below the current level.
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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.