HRG is looking for support and is finding it at the 50 day and 20 day moving averages. This bull pullback is likely to resolve upward, but we should always anticipate the worst case scenario.
My stop loss is set at 17.92, but I don't plan on ever relying on that. If the stock shows weakness and as acting like it wants to exist below the 50, then I'll most likely exit the position and minimize my losses.
My stop loss is set at 17.92, but I don't plan on ever relying on that. If the stock shows weakness and as acting like it wants to exist below the 50, then I'll most likely exit the position and minimize my losses.