The chart below shows that the SPDR Health Care Services ETF (XHS) essentially met our 73.00 per share upside target yesterday, June 21st, by trading as high as $72.77 intraday. 

This price target was first displayed and discussed in our April 30th Keys To This Week report (access requires subscription) to capture a $7.64 per share, 12% price advance in a little less than 2 months.

XHS also outperformed the S&P 500 (SPX) by 7% during the same period.

Here is the chart from our April 30th report.

XHS: November 2017 to April 27th

Here is the updated chart through the close yesterday (June 21st).

XHS: November 2017 to April 27th

 

We publish these notifications for 3 reasons:

  1. to let Asbury Research subscribers know when to consider taking profits on existing positions,
  2. to let non-subscribers track what we are doing in the market, in real time, and
  3. to make everyone aware of a potential upcoming price reversal as price advances often end as upside targets are met and more savvy investors take profits.

 

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