CMI - Cummins Inc. (2 hours chart, NYSE) - Long PositionCMI - Cummins Inc. (2 hours chart, NYSE) - Long Position; Short-term research idea.
Risk assessment: High {support & market structure integrity risk}
Risk/Reward ratio ~2.53
Current Market Price (CMP) ~ 293.45 {pre-market}
Entry limit ~ 288.50 to 285.50 (Avg. - 287) on April 25, 2025
1. Target limit ~ 294.50 (+2.61%; +7.5 points)
2. Target limit ~ 306 (+6.62%; +19 points)
Stop order limit ~ 279.50 (-2.61%; -7.5 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observations
= important updates
(parentheses) = information
~ tilde/approximation = variable value
-hyphen = fixed value
