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How to Determine Profit Targets at All-Time Highs or Lows
One of the most effective ways to find profit targets is to use key levels in the market. A resistance level can serve as a target in an uptrend while support is used to find targets in a downtrend. But what if there are no key levels? You won’t have the luxury of using support and resistance in a market at all-time highs or lows. The good news is that you still have a few options. By the time you finish reading this post, you will have learned three methods for taking profit in a market that is making all-time highs or lows. Read on for how to find profit targets without using support or resistance. I started ... (full story)