We first caught HOKU at $5.68. We don’t expect a big move today, but we are looking to lighten our position by the end of the day. We suggested a stop just under $6 on 8/26/2008 to protect profits. We would have been stopped out...
See more »
We first caught HOKU at $5.68. We don’t expect a big move today, but we are looking to lighten our position by the end of the day. We suggested a stop just under $6 on 8/26/2008 to protect profits. We would have been stopped out of most of our position there but would be getting back in this morning. We anticipate very light volume today and would anticipate a small gain today in HOKU. We will have a trailing stop about .10 below today’s entry point. Our daily chart is showing support at its current level as it has bounced off the $6.11 / $6.12 area. Our 15 minute chart is looking good, indicating upward momentum: Our weekly chart is showing continued momentum to the upside: Our PHILS X2 is showing contintued institutional buying: We are looking to lighten our position but not fully be out of HOKU as it goes into its next resistance area of $6.23. If it gets through there with any volume we will add back to our position, but will getting lighter as it goes into this resistance area unless we see increasing volume:
See less »
We are looking to lighten our position but not fully be out of HOKU as it goes into its next resistance area of $6.23. If it gets through there with any volume we will add back to our position, but will getting lighter as it goes into this resistance area unless we see increasing volume:
Kaboodle will send you a newsletter and updates from your friends. You can unsubscribe at any time. Kaboodle does not sell or share your email address or personal information with anyone.
Kaboodle requires all users to provide their real date of birth as both a safety precaution and as a means
of preserving the integrity of the site. You will be able to hide this information from your profile if you wish.
Added by 1 people