We sent an alert yesterday to buy SEK around $24.00. Our definition of ‘around’ is a 1% variance. We understand this is not an exact science, some subscribers may be more pedantic on price, while some stocks move ~1% more easily than others. In the case of SEK, it didn’t trade within our 1% threshold, though we are keen to add it to the portfolio and will amend the alert this morning if we need to. Otherwise, the current alert remains active whilst it appears on the website (which is generally 48 hours).
- We believe SEK is poised to initially test $27, and potentially $30 over the coming months.