claystation4
Short

HBP Short on moving average break and technical resistance

NASDAQ:HBP   HUTTIG BUILDING PRODUCTS INC
9 0 0
Short HBP             at 5.95 after a break of its 50 day moving average to the downside (was previous bull trend support). After a strong bull run for the first half of '16 HBP             met heavy resistance on big volumes in the ~6.50 region. After a triple top formed at the end of August it finally showed downside promise closing below its 50-day moving average without a follow through rebound for the first time since February. I look for a price target of $4.50 a share with a stop just above recent highs at $6.70. If you follow my 10000 USD base account recommendations I advise taking a 300 share short position.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out