As VHI (Valhi Inc) rapidly approaches T1, I have decided to add additional prices target (T2-T4) for the Growth & Income Trade while the Active Long (i.e.- swing trade) will be closed out if/when T1 is hit (1.55), in order to book the quick gains & redeploy those funds elsewhere. Yesterday’s & today’s updated daily chart of VHI:
To clarify, if/when VHI hits T1, it will be removed from the Active Long Trade category while remaining an Active Growth & Income Trade idea. Growth & Income Trades are a sub-category of the Long-term Trades category. Long-term Trades are trade or investment ideas that have the potential for significant returns over a longer-term period, typically several months or more. This category of trade ideas might be useful for the longer-term swing trader or investor looking for investment ideas to supplement their existing portfolio and prefers a less active, more hands-off approach to investing.