The general market is over extended as we all know, and I have and still are waiting for that pull back. However I will not allow my sentiment to get in the middle of opportunities. We look at data, and if it makes sense, we get in. Right now MDLZ makes sense for a long position. If that changes, we get out and preserve capital. Remember, risk management is key. In my opinion, you need to get at least a 1:2 RR for the opportunity to be worth it.
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.