HCLP has been one of my favorites this year. I'm re--entering the sand box.
I bought HCLP today at $61.66. Reason for the entry was the bounce off the 10 Week MA, which has been a good entry in this stock. The Weekly Chart shows how well the 10 MA has supported this Stock's run. The competitors remained strong. HCLP's weakness was due to a secondary offering. By comparison, EMES had announced a secondary and has already completely recovered.
Stop: Close below 10 Week MA.
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