Replies to post #42616 on Savvy Trades and Investments

[SSKILLZ1]

HCLP

I sold my HCLP today, I will buyback on weakness, think it could fallback to the mid 11's. But I sold today at $12.95. The RSI is around 76 so overbought. Don't think they will hit their q4 estimates of .50 either, plus the competition will be a factor at some point with their margins, but I think that will be a 2019 issue, I believe HCLP will eventually hit the $14-15 level where I think FV is, but I wouldn't be surprised with a 10-15% pullback from current levels, plus I'm getting more negative on the broader markets so starting to raise a little cash when I feel something is overbought and only 10-15% away from what I feel FV is now. So I decided to take my profits on this one. All is just my opinion, and I could always be wrong though.