Lazy Trade Long & Short: GMCR & HE
So far today, I was bummed that the excellent trade opportunity that I had been tracking in Silver Standard Resource (SSRI) gapped above my entry price and ran for 6%. On the other hand though I was able to lock in 7.7% in gains in MDT after getting stopped out this morning at $41.09 for a multi-week swing-trade.
On to the Lazy Trades today: GMCR is a volatile beast, but the upside potential is emerging nicely, and like HE short listed below, GMCR is also to be looked at as a swing trade.
Here's Today's Lazy Trade:
LONG: Green Mountain Coffee Coasters (GMCR)
SHORT: Halcon Resources (HK)