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ITB Price Target Hit for 9% Profit

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ITB Price Target Hit for 9% Profit

The ITB (Home Construction Index ETF) long swing trade has hit the sole official price target, T1 at 32.59, for a quick 6-session gain of 9.3%. Consider booking partial or full profits and/or raising stops if holding out for the potential T2 around the 35 level. Previous & updated daily charts below:

As T1 was the final official target, this trade will now be closed & moved to the Completed Trades archives. However, ITB is under consideration to be added back as another long swing trade, ideally on a pullback and/or the next objective entry, as I still favor a move up to the T2 level in the coming weeks to months.

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2019-01-09T12:03:50+00:00Jan 9, 2019 12:03pm|Categories: Completed Trades - Long|Tags: |0 Comments

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