TAKE PARTIAL PROFITS ON TENET HEALTHCARE TRADE AROUND POSITION $THC
This post was just published on ZYX Buy Change Alert.
There are two separate positions on THC. First there is a long-term position from$20.40. Currently, 15% of the full core position size is being held. Profits have been taken as high as $46.87. The long-term position should remain undisturbed.
In addition there is a trade around position from about $44 and 25% of full core position size is being held. Consider taking profits on a 10% tranche of the trade around position in the zone of $46.90 to $47.73. The stock is trading around $47 as of this writing.
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October 16, 2013