HSKA - Go Long?
Symbol: hska
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat could you look this over, go back to june 13th through july 7th, do you think this looks pretty decent?
HSKA is in the biotech sector. Since the first mention of this stock, it has looked good and continues to do so. It never got back far enough to buy in based on the analysis we did a couple months back and my thinking is that it may take another month or two before it builds up enough steam to really break free. If so, we should see another chance to buy in around the $2.00 to $2.10 area.
Since the June 13th to current time frame it has built out a nice pattern but there is so much volume sitting at those highs at $2.79 that I don't know if this move higher can get through that area just yet. If you like this longer term, which it seems you do, taking a little here is OK but look for one more retrace to buy more substantially would still be my opinion.








