This post was just published on ZYX Buy Change Alert.
XIV is an inverse volatility ETF that goes up when the market goes up. 30% of the full position size is being held from an average price of $16.45. XIV closed at $19.54 and in the pre-market it is trading at $19.33 as of this writing.
Consider taking profits on a 15% tranche in the zone of $19.08 to $19.73. Moves stops on the remaining 15% in the zone of $18.23 to $18.43.
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