Long Position on WETF @ $15.25 on 12/2/2014 (Momentum)

WisdomTree Investments (WETF) operates as an exchange-traded funds (ETFs) sponsor and asset manager.

It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology.

In addition, the company provides investment advisory services. Shares have formed a bullish "flag" and higher share prices are expected for this stock.

52-Week Trading Range: $9.11 - $18.50

Entry Point: $15.25

Stop Loss: $14.45

Target Price: $16.78

Updates

12/15/2014 11:04:45 AM

WETF fell below our stop loss. Closed at $14.45.

Position closed on 12/15/2014 at price of $14.45 with a -5.25% loss in 13 days.

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