COG is on the oversold list I waited to make sure it would bounce back from its recent 52 week low. Although just got downgraded in the target price going from $25 to $21 (the other reason for a dip after Earnings) I still find value if you can pick up enough shares.
Target is to get back to that earnings gap and take the profits.
What do you think?
Trade active
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Setting up a stop to secure profits but not yet at goal. It is at $18.58, a nice little line of resistance when looking at a 5 min chart over lat couple days
Obviously wanting this to bump up over $19.04 so it can push through to the base of the Gap at $20.54
Trade closed: target reached
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Hit my $19.20 mark today as it hit an alert after hours and triggered a stop.
Was hoping for a surge today and not a quick down turn
This is no negative tho- profit taken and on to the next trade!