I initiated a long position in SWHC today, the shares have been hit of late and Im playing the bounce. Since its share price is low playing it smaller then normal. Hopefully if we have a bit of a pullback this wont be hit as hard as others which are due for some profit taking.
Entry:3.55
target:4.20
Stop: 3.00
Date long/short ticker shares entry
18/01/2011 l qlgc 60 18.14
21/01/2011 l agco 20 51.24
01/02/2010 l swhc 200 3.56
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
Tuesday, 1 February 2011
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