Regarding AYX; I have an “Alert” setup on my Etrade platform to give AYX a look if/when it hits $72/share.
Why $72/share? My most recent opportunistic entry occurred on April 3rd when AYX pulled back and I added a position at $80.37/share.
In terms of allocating resources to deploy into the market towards high conviction companies on a pullback; I would like to see an additional 10% drop below my latest opportunistic entry position. In this instance, AYX would need to drop 10% below $80.37/share.
Harley