I am being aggressive here in my entry @29.27. UTG is a good stock to own because is pays monthly dividends and moves slow so you will have plenty of time once entered to take dividends and plan an exit if the trade starts going against you.
Stock closes today a will form after a nice pull little back from a month
***For a less aggressive entry you can wait til the stock gets above 30 & move the stop up to 29.03
There are 2 reasons why I closed this trade: the resistance it is facing at this level with no bullish volume to support a break thru and I need to free up capital.
I will look to this stock again in May for another dividend check.