I picked up this play on Friday afternoon which was the first day in a couple days that the markets was showing some positive movement. I was able to benefit off of a late day minor rally into the close. After today’s action I am about half way to my first profit target in which I will sell half of my position. Below is the chart.
Also – I managed to sell half of my position in HPQ at my first profit target of 52.13. The rest I will let ride until my trailing stop is triggered.