This post was just published on ZYX Buy Change Alert.
FIT is long from $13.67. AS of this writing the stock is trading at $15.67.
FIT makes popular Fitbit gadgets. The company recently reported earnings better than the whisper numbers. In the past the issue has been that the company always lowered guidance compared to whisper numbers. This time, the companies guidance was better than the whisper numbers. For this reason the stock has moved up.
What To Do Now
Consider taking profits on a 10% tranche in the zone of $15.50 to $16.48. Consider putting a stop at break even on the remaining 20% of the full core position size.
You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.
Please click here to take advantage of a FREE 30 day trial.
Check out our enviable performance in both bull and bear markets.
