Week 7 of a buy trade: 2 targets hit, momentum fading
Fidelity MSCI Information Technology Index ETF: the third target still ahead
Week 7 of a buy trade: 2 targets hit, momentum fading
In Summary
Fidelity MSCI Information Technology Index ETF is at week 7 of an active buy trade, with 2 of the 3 statistical targets of our model already hit. The trade is up 14.58% from entry, the stop has been moved to breakeven, and risk is zeroed out. The next management window falls at week 8, with a suggested 20% trim.
Open BUY
·7th week from start
·US stocks
·T1
IQS Phase
55
ordinary
Signal Strength
38
medium · weak
Sizing
REDUCED
Ranking
#130 / 161
US stocks in progress
Trade P&L %
+14.58%
from signal to today
restricted Platinum content