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In this morning's pre-market I sold my position in North American Palladium (PAL) at $7.20. I had a very nice gain that I chose to put in my pocket. The negative divergence of the price action vs. True Strength Index (TSI) indicator gave me pause for concern.
However, this is a trade and I will be back, as I have every confidence that PAL is going to go much much higher in the next couple of months.
My TSI Trading record has been updated.