FLY might fly 10% or more | stockbee


FLY might fly 10% or more

Another stock in the same sector AER is my current position. Not likely to be fast mover but can make 10% plus move from here in next couple of months. Value kind of play.


Charles said...

It broke out, but has pulled back below the breakout point. Can you help me understand why you said it is not a fast mover and will take a couple of months to get 10%? If it is a slow mover, how flexible are you with the stops?

Pradeep Bonde said...

The past behavior of the stock tells you it is not a fast mover. I put stops below breakout day low. But in this market as of Friday I closed all longs.