Oversold just hit 52 week low - time to purchase

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?

İşlem aktif:

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

İşlem kapandı: hedefe ulaştı:

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!