Equity Oracle: 06/21/2012

HERO is a position we bought into after the alert went out last Friday (our entry price was $3.31). The original target price that I posted was $4.55 but we now see a small gap to the downside that could cause the stock to stall at the current price level. The idea is to sell out of our position for a profit and wait for the stock to fill the gap. Once the gap is filled, we will then buy back into the position and wait for our target price ($4.55) to be reached before taking profits once again.

Watch this week’s video »

To gain access to the PDF download and video, sign up for an Equity Oracle Subscription!

About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

No comments yet.

Leave a Reply