*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been analyzing GORO for the past couple months. We're long in gold and silver (which are produced by GORO) this summer due to the US dollar continuing to weaken. We opened our long position in GORO on 6/8/21 at $2.85.
Today my team is averaging down on our current positions at $2.60 per share.
Our first take profit remains $4.90.
FIRST ENTRY: $2.85 AVERAGING DOWN: $2.60 TAKE PROFIT: $4.90 STOP LOSS: $2.45
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