Friday, November 21, 2014

Closed HCLP, +8%

I didn't like the action in HCLP today as it reversed from a high of 50 and went lower. That is the type of action that has lead to more down days.  I think this is possible that it retakes to at least 46 to test the breakout. 

Entry: 44.34
Exit 1: 48.07 (3.73) 
Exit 2: 48.10 (+3.76 ) 

This turned out to be a nice little trade to get back on track. 

Longer view

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