PUNT's current profit margin has basically been digested, and it is starting to consider laying out spot positions.
It is recommended to open a position around 1.25; if you prefer aggressive trading, you can enter at the current price. The average price is expected to be around 1.4. If there is a pullback later, you can consider adding to your position in the 1 to 1.1 range.
In terms of target price, if it is a long-term operation, you can hold until the previous high position for profit-taking; if it is a short-term operation, you can set the target between 1.9 and 2, where there is still good potential for price increase.
