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apaqu
Nov 12, 2021 11:21 PM

UCTT - Ultra Clean Holdings Long

Ultra Clean Holdings, Inc.NASDAQ

Description

Bought small position (~40bps risk) as UCTT broke to a higher-high & the weekly VWAP. Will add more to position if it follows through next week.

Looking for follow through after a 26% run from its PEG back at the end of October.

Trade closed: stop reached

Raised stop loss too soon after follow through, placing it just below Friday's consolidation low. Will look to rebuy if it can break through the 11/9 high @ $60.84.
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