Last update on BNKU was 6 weeks ago:
BNKU closed today at $14.46, the exact price it closed when I posted its last update March 19 which stated:
I’ll add 1/4 of a position for every 20% it drops from there, so:
+ 1/4 at $11.50
+ 1/4 at $9.25
+ 1/4 at $7.40
+1/4 at $5.93
The low since then has been $11.61, just shy of the $11.50 target for a first add.
I announced doubling the position at $15.36
Now adding a 3rd position in 3x levered big banks ETF BNKU at $16.37
Above add levels remain in play for an even bigger bag of BNKU.
Happy to go 5-10x a normal position size in time, if warranted.
BNKU chart: