Atualizado
Long OSTK, Target $24-28.
OSTK remains heavily shorted. The fundamental story looks to be changing quickly. Uncertainty creates opportunity. Potential Inverse Head & Shoulders. I have positions at $14 and $17.25. Target represents about %50 upside from here. Stop Loss at 15.50 or down 10p from the close. Good Luck!
Nota
Trade and Pattern playing out well. Will look to add on any weakness this week, Limit sell orders should be in the $24 to 28 dollar range. Stock may also gap up even higher than this range if there is news in the stock. Good Luck!Nota
Making one more add today, this tight range over the past fews days portends a break up or down.Nota
Trade continues to play out well. Some might Consider taking gains off the table, my fist sell order is set around 24. As always, GLNota
Still in play catalysts on deck this week, with possible sale or close of deal with GSR. These events also create possible major downside, OTM puts around $16-$17 might also be worthwhile for hedging. I prefer long only or straddles at this point. GLNota
Getting a little long in tooth, but I still see this price action as constructive. I remain long, and will look for exits soon. GL
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