Monday, July 19, 2010

Trade 353: long HVN @ 3.53


It's hard to stay disciplined to the buy-strategy when the market is tanking..

However, I have managed to pick up some 500 HVN @ 3.53, due to the acquisiations of the defunct clive peeters stores, at basically no premium.
The stock has also recently broken out above the consolidation - a simple technical breakout retracement position. Stops near 3.40.