This post was just published on ZYX Buy Change Alert.
There are two separate positions on THC. First there is a long-term position from$20.40. Currently, 15% of the full core position size is being held. Profits have been taken as high as $46.87. The long-term position should remain undisturbed.
In addition there is a trade around position and 15% of full core position size is being held. Partial profits have previously been taken on this trade around position. Consider taking profits on the remaining 15% tranche of the trade around position in the zone of $47.90 to $48.50 prior to the close of the market today. The stock is trading around $48 as of this writing.
The reason is that THC reports earnings after the close. Earnings are always a risk event.
