PRLB long has quite a bit of room to move up

PRLB long has quite a bit of room to move up


  This Trade Was Closed July 12, 2012

Trade started off a little shaky, but ended up working out. Hit my target today of 33.60. Probably has some more room to increase, but I will not greedy and have learned to take what I can in this market.

  This Trade Was Updated July 12, 2012

Did not follow my system with this trade with regards to my stop loss, so will continue with it…my stop is at 28.20 (giving it a lot of room)

Raising my stop to 29.00

Original Trade Post:

Volume increase, bottom of a swing, rangebound, price less than 40, similar pattern to my other 3 long positions that I currently have (ECA, SBH, and TTC)…wish I had caught this yesterday, strong move today in shortened trading day.

Trade Details:

  • The Ticker:     PRLB
  • The Trade:      Buy at $32.10
  • Target Price:  $33.6
  • Trade Opened: July 3, 2012
  • Trade Modified:July 12, 2012
  • Trade Closed: July 12, 2012

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