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stocktrademan

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stocktrademan

Re: robtewms post# 2

Thursday, 08/03/2017 12:35:26 PM

Thursday, August 03, 2017 12:35:26 PM

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I'm newly invested here. Are you still Long on this stock?



I do not currently hold this stock, it tried to hold support around 8 and recently went through.

If I had to be required to hold this long term then I would consider buying some options puts to counter any drops. Otherwise I would simply close the position if it continues to go against me. Would keep a close eye on this chart, it appears bearish to me now, and would keep a foot outside the door so to speak.
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