HAL- Continue is bounce off solid resistance?
HAL - has been beaten down for sometime- on 12-16 got a nice bounce with volume on a strong resistance. Last few days formed a flag pattern (low volume).
Entry- > 40.89 ( wait for a close)
Stop 39.02
TGT 1- 44.22
Take 1/2 (maybe 2/3) off at 44.22 move stop up a bit (allow for retracement) & made trade though the gap to 47.00
This trade may take a while - month?
Don't love this trade but could turn into a winner!!!
Entry- > 40.89 ( wait for a close)
Stop 39.02
TGT 1- 44.22
Take 1/2 (maybe 2/3) off at 44.22 move stop up a bit (allow for retracement) & made trade though the gap to 47.00
This trade may take a while - month?
Don't love this trade but could turn into a winner!!!