ACTION:

Take profits and sell to close Dot Hill Systems (HILL) common stock at current levels.

Dear Momentum Stocks Weekly Subscriber,

It is time to take profits in shares of Dot Hill Systems (HILL), as the Momentum Stocks Weekly track record improves to 26-1 for the year.

We have room for another new trade or two, and today’s pullback is creating some interesting opportunities. There are several candidates I’m looking at this morning, so stay close to your email inboxes in case I decide to take action.

 

Dot Hill Systems (HILL, $9.69, up $4.51)

Original Entry Price: $7.10 (5/21/2015)

Lowered Price from Selling Options: N/A

Exit Target: $9.75 (Limit Order)

Return: 36%

Stop Target: $4.50 (Stop Limit)

Take profits and sell to close Dot Hill Systems (HILL) common stock at current levels.

Shares have traded to a high of $9.70 today and have stayed below our $9.75 Limit Order. Let’s go ahead and lock in profits at current levels instead of worrying about the nickel difference.

 

All prices given in this update are current as of 9:55 a.m. EST.

I hereby disclose that I will be participating in the aforementioned trade(s). Every new Momentum Stocks Weekly recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.

Trade on!

Signed

Rick Rouse
Editor
Momentum Stocks Weekly