how I played BST recently
Entry 1 triggered, Entry 2 never triggered
I didn't hold all the way until 34.26 but it made a lot of sense for people to sell there
Now seeing how far this will pullback
Current NAV is listed (Net Asset Value) - through 2015, 2016, and 2017 this fund traded at a discount to NAV meaning it was cheaper to buy this fund rather than buying the individual stocks that it held. Those days might be gone unless we hit a recession.
I would watch the interactions between the 50sma (green line) and the 100sma (if it gets there) (light blue line)
I didn't hold all the way until 34.26 but it made a lot of sense for people to sell there
Now seeing how far this will pullback
Current NAV is listed (Net Asset Value) - through 2015, 2016, and 2017 this fund traded at a discount to NAV meaning it was cheaper to buy this fund rather than buying the individual stocks that it held. Those days might be gone unless we hit a recession.
I would watch the interactions between the 50sma (green line) and the 100sma (if it gets there) (light blue line)
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