Dear Momentum Stocks Weekly Subscriber,
I wanted to send out this quick Trade Update to protect profits in a couple of our current positions.
Dot Hill Systems (HILL, $5.28, down $0.13)
Original Entry Price: $4.25 (3/4/15)
Lowered Price from Selling Options: None
Exit Target: $5.00-$7.00
Return: 24%
Stop Target: $4.85, raise to $5.00 (Stop Limit)
Action: Raise the Stop Limit from $4.85 to $5.00
Rave Restaurant Group (RAVE, $14.60, down $0.37)
Original Entry Price: $8.00 (8/13/14)
Lowered Price from Selling Options: No options available
Exit Target: $20
Return: 83%
Stop Target: $11.75, raise to $12.75 (Stop Limit)
Action: Raise the Stop Limit from $11.75 to $12.75.
All prices given in this update are current as 8:00 a.m. EST.
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!
Rick Rouse
Editor
Momentum Stocks Weekly