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IMF_Trading
May 27, 2020 1:09 AM

Hold off buying SPG until it proves it has legs.  

Simon Property Group, Inc.NYSE

描述

SPG has been rejected multiple times @ $60.60 (Lower black line)

It has been rejected multiple times after rising up to 63.15

Instead of trying to time and chase this one, it makes more sense to let the price come to you.

Plan to trade:

Limit buy @ 60.62
Stop loss @ 59.25
Limit sell @ 63.15

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