TAKE PARTIAL PROFITS ON DEUTSCHE BANK $DB

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TAKE PARTIAL PROFITS ON DEUTSCHE BANK $DB

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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