Stock to watch week 35

This week, we have selected a Stock with great potentials and a possible profit of 30% (within a couple of months) if everything goes well. But but but…. in trading, it is very difficult to hit the perfect trade and sell at the most perfect spot.
If you choose to enter this trade, we suggest that you take home profits at least 1-2 times.

The Stock we have selected as “Stock to watch week 35” is Tredegar Corporation (NYSE:TG)
Tredegar has gone down about 20% during august 2018. Right now the price is testing the support line again for the second time this month.
Within the last 6 months, the price has tested the support line 6 times and each time we had a raise in price of 10%-30%. This is what we would like to see again. We are waiting for the last indicators and signals before we go long.
As profit area 1, we would sell 1/3 : 23.44
As profit area 2, we would sell 1/3 : 26.00
As profit area 3, we would sell 1/3 : 28.00

Stop loss will be around 19.89

Stock to watch week 35

Stock to watch week 35

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