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Long HMB on Tue 160607 for potential 5:1 P/L
HMBS
, D
Long
HMBS: Long HMB on Tue 160607 for potential 5:1 P/L

Gap from September 2013 closed last Thursday. Now very oversold with MACD cross. Gap from May above unclosed. Potential for long on Tuesday 160607 with TP at gap close at 280. Negatives to ponder: 1) as always, gap closes are not guaranteed (in the near future), so the above scenario may not play out. 2) trend is bearish with higher volume on down days so far -...

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