Trex Company Inc. (TREX) rose through our recommended limit price today as investors reacted to a solid report from Apple Inc. (AAPL) last night and the latest monthly jobs report released this morning.
However, if you have not closed the trade yet, we still recommend taking profits at this point. The stock is bumping up against short-term resistance and we think the risk of a reversal is high.
So, if you haven't already done so...
Set a limit order to sell Trex Company Inc. (TREX) at the best price available in the market.
Trade Notes
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John Jagerson & Wade Hansen Analysts, Predictive Alpha Prime
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