TAKE PARTIAL PROFITS ON UNITED KINGDOM $EWU
This post was just published on ZYX Buy Change Alert. The ETF seeks to replicate MSCI United Kingdom Index. This ETF also provides an attractive dividend of about 3.58%. The position is long with an average price of $14.62. Currently, 65% of the full core position size is being held. Previously profits have been taken as high as $17.33. Consider taking profits on a 10% tranche right here in the zone of $18.05 – $18.30. Our positive thesis on United Kingdom has not changed. The purpose of this call is to reduce the over all exposure to the market in view