Technically HITK looks like having failed a head and shoulders (that often results in a continuing trend). Slow stochastic just gave a buy signal.
In addition to that the company fundamentals look very good: better value than industry (PE less than 10), good quick and current ration, no debts, high profitability and effectiveness. And finally, a good growth.
I would suggest to place a 1% trailing stop buy order after 10 AM. Initial stop loss at $20.84.
Sold this last week, right?
ReplyDeleteYes, the crazy market triggered our stop...
ReplyDelete