Currently: Long Looking to: Sell @ $44.67
As of 10/18/19 close: $44.16
LAST WEEK: We suggested buying dips to $41.46 with stops honored on a close below $41.25 and with an
upside target of $47.14.
UPDATE: The European ETF (IEV) is continuing to work its way higher. In looking at the chart, there still is a
good chance that $47.14 is the upside target. However, the bears may come in and try to make a stand at $44.67.
We would sell longs at $44.67 and would look to short at $47.14 if that level is approached / tested. Honor stops on a close above $47.20. Look to cover at $41.25.