|This Trade Was Closed September 24, 2012|
I sold too early based partly on this blog but I am very happy to report my son did not and got the recent big gains. I’m bullish on this one – recently bought an option call for Jan 2014 exp. at $5. Unless WWIII breaks out this stock will be tickling $20 by then. This company will see $70 again someday. It’s incredibly well managed.
Original Trade Post:
HOV has cup with handle chart. Homebuilder news optimistic. This is my first trade looking at a chart. What do you think?
- The Ticker: hov
- The Trade: Buy at $2.48
- Target Price: $4
- Trade Opened: July 27, 2012
- Trade Closed: September 24, 2012
Chart courtesy Finviz. Click to open in larger window.
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