This post was just published on ZYX Buy Change Alert.
DB is long from an average price of $15.05. As of this writing the stock is trading at $17.27. 35% of the full core position size is being held.
ZYX Change Method calls for booking some profits on a continuous basis and letting some profits run.
Consider taking profits on a 10% tranche in the zone of $17.14 to $17.88. Consider stops on a 10% tranche in the zone of $16.63 to $16.73. Consider stops on the remaining in the zone of $16.18 to $16.23. The target zone remains $22 to $27.
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