UPDATE ON RITE AID $RAD

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UPDATE ON RITE AID $RAD

RAD moved up thus allowing to lighten up on this position in strength.  The new buy zone is $3.11 to $4.61.  The wide buy zone is needed because of potential increased volatility in the stock.  Consider building up to 70% of the full core position size in dips into the buy zone, most of the buying should occur under $3.83.  Mental stop is under $2.88.  Target remains $8 to $8.50, but very long-term target is know $14 to $16. 

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