Sell Alert: Fox Factory Holding (FOXF)
TRADE INSTRUCTIONS
Date: October 3, 2017
Name: Fox Factory Holding Corp.
Symbol: FOXF
Type: Close
Limit: Sell at market
TRADE RATIONALE
I raised the stop price for FOXF to $42 last week to lock in most of our targeted gain, and today it traded through that price so I am closing out this position. There has been no news specific to FOXF to explain its sudden rise over the past three weeks, and none to explain its pullback this week. Regardless of the reasons, it doesn’t matter now so I’ll happily take my 8% gain in less than two months and move on to the next one.
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