This post was just published on ZYX Buy Change Alert.
XIV is long from $16.01. XIV is trading at $19.38 as of this writing. 20% of the full core position size is being held. Partial profits have already been taken as high as $18.40. Consider taking profits on another 10% tranche in the zone of $19.20 to $19.68. Continue to hold the remaining 10% with the current protective stops.
Note: change the quantity for stops.
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