Trade Update: $ASIX

Here is a look at the trade details for our long ASIX trade put on today. We have been monitoring to chemical sector looking to get into a trade over the last few weeks and this was a stock on our list of names. The company does report earnings next week which would usually keep us at bay, however, we really like the way the group is acting. Additionally, we feel that this breakout today may give us a chance to lock in some profits before next weeks report, if not we will adjust the trade as necessary. Also, we used the low end of our risk scale (1%) on this trade. Here is the ASIX chart, as well as todays link to our updated open trades as of todays close. Have a great evening!

2017 Open Trades

asix

-CJ

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