$53 Profit
XANLong Stock

Entry comments: REIT recently trading at 12.50 in March down to 2.10 currently. Swing trade with some short term downside but good long term upside. Next earnings release not until 7/29/20 so some time to let this trade work with general market recovery. Sell before next earnings to avoid soft report risk.

Exit comments: Seeing some late afternoon resistance on a strong buying day after 3-day weekend. Could be nearing breakout but makes me think weaker openings for tomorrow. Take profits and reset for new day opportunities.


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