As discussed here on the blog on Dec 15, I've entered EK for a trade to the upside.  Today the stock is up 4.5% so far and my second profit targets have just been reached.  I will hold on to a fraction of my position for potential further gains but will tighten my stop.  Should it reach $6 I will be entirely out of the trade and watch from the sidelines for a while.  This stock has acted absolutely beautifully the past couple of weeks – textbook technical analysis 101, which is more and more difficult to come by.

Share Button