JerseyStig

Watch HBI for Reversal

Long
JerseyStig Updated   
NYSE:HBI   Hanesbrands Inc.
HBI 1hr chart - falling wedge, bullish bat, and stochastic rsi beginning to cross to the upside. Could be a good turnaround.
Comment:
Absolute dump! I lost a good 40% on my calls but I managed to buy the dip and ended breakeven. The reason I only had a starter size position was because there was no reversal confirmation yet. This is why we always wait for confirmation before adding full size!
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