There are 3 reasons why I chose ABX stock:
- I am looking forward to a downward movement in USDCAD. (More explanation on Related Ideas.)
I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index.
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- I think that precious metals are discounted according to the World indices.This is the most important reason. (More explanation on Related
Ideas.)
- Technically, it is suitable for long position.
Parameters
- Risk/Reward Ratio : 1/2.59
- Stop-Loss : 21.79
- Goal : 25.88
Trade closed: target reached:
Trade closed with %12.87 net Profit !
