Dick LoPresti asked 7 years ago
Pat, maybe you've explained this before, but when you list two different prices in the Buy Zone column, what does that mean? How do we interpret the recommended action for those prices?
1 Answers
Pat Walker Staff answered 7 years ago
Dick,
Great question! The two prices listed are signifying the "first" entry price and the "second" entry price. We would buy 1/2 our regular shares at the first price and the second half of our shares at the second price. Example: 50 shares at 110.40 and 50 shares at 110.90. If the 110.90 does not "trigger" we would NOT buy our second lot of 50 shares. Helps us control risk/minimize losses.
Sincerely,
Pat Walker
Please login or Register to submit your answer
