We purchased 10% trade size of XRT at $39.82, going against the prevailing sentiment towards retail right now. However, XRT tends to have double-bottoms before reversing direction (see arrows on the chart). We’ll cover the trade in more detail in this weekend’s newsletter. Bought 10% of XRT @ $39.82 Target @ 42.80 Stop @ $38.49
To access this post, you must purchase Wanderer Financial Two-Year Membership, The Full Timer – Monthly or The Full Timer – Annual. If you have already purchased a subscription, please log in to view the content (login link in menu and footer). log in