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TAKE PARTIAL PROFITS ON LARGEST SPANISH BANK BANCO SANTANDER $SAN

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TAKE PARTIAL PROFITS ON LARGEST SPANISH BANK BANCO SANTANDER $SAN

 

This post was just published on ZYX Buy Change Alert.

SAN is long with an average price of $6.90. As of this writing the stock is at $9.74.  Currently, 45% of the full core position size is being held in the model portfolio.

Our target remains $16 to $18.  ZYX Change Method calls for taking profits on a continuous basis.  Unrealized profits can quickly disappear.

What To Do Now?

Those following the model portfolio may consider taking profits right here on a 5% tranche of the full core position size.

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