Thursday, September 16, 2010

HTHT Update

HTHT has been a good trade so far. I entered at 22.52 when it broke out of the range box (posted here) and since then it established a new range and is breaking out of it today. I decided not to add to my position because I would prefer to see it consolidate for longer -- at least 10-days -- otherwise I think the breakout is more likely to fall back into the range. I'm moving my stop up to below the recent range at $23.25.


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