NFTRH+; FARO Sold

Today FARO boinks its NFTRH+ target of 60 (59.96) and so I am letting it go for a gain of around 10%.  I love the company, but valuation is an issue and also its original intent was to be part of a long/short pair with HURC (a lesser light in the precision manufacturing space in my opinion), which dropped before hitting my preferred shorting point.  So I went FARO alone and now it is time to take the profit.

Here is the original NFTRH+ chart.  Obviously, MACD should be green now and resistance around 55 is now support.  It is still not over bought, but I have enough bull stocks and funds as I rotate into some things and out of others.

faro

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