momentumftw

short idea $KLIC, United States, Nasdaq, Producer Manufacturing

Short
BATS:KLIC   Kulicke and Soffa Industries, Inc.
Short entry stop limit order at $45.2 with hard stop loss at $49.35

The industry is setting up for both longs and shorts with a few names setting up short on the weekly timeframe at spots where I like taking shorts. If this one works, I will be adding another couple of names that are setting up.


I will update with first profit target as the trade develops, if my stop limit at $45.2 get hit.



Happy trading fellow traders.



I am momentumftw, trader of international equities





Comment:
Closed trade
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