Q: What’s an ideal price range to initiate a position in these stocks? The goal is to start with a 1/4 initial investment..
5i Research Answer:
In the current market 'ideal' is not really going to happen often. If starting to buy on the way down, and we think that is a good idea now that the VIX index hit 45 this morning, we would see a range of $107 to $109 on SHOP and $33 to $34 on BAC.