This post was published on ZYX Buy Change Alert.
Consider taking profits on a 10% tranche on VXX in the zone of $39.50 to $41.43. It is trading at $39.65 as of this writing. Consider continuing to hold the remaining 30%. As a reminder, this is suitable only for super aggressive investors as the risk of loss is high.
If you are a new comer and inadvertently got into this position without paying attention to the risk and you are not super aggressive, consider taking profits on the entire position and exit.
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