We scaled in UYG between $7.97 and $ 7.50. Our average is $ 7.66. At today’s close of $11.03, we are sitting on a gain of $45% in few short days. Our methodology requires scaling out of 50% of the position between here and $13.80. Based on your risk tolerance and time frame, consider exiting 10-20% of the position right here at $11 and adding to the position on pullbacks around $9.
Similar logic applies to BMY and DGP. Consider lightly scaling (10- 20% of the position) out of
BMY around $21.60 and DGP around $14.35
www.thearorareport.com
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .