BOOT trade for 4/8 – 4/11/2016

Posted By JM on Apr 11, 2016 | 0 comments

We swung a small $BOOT (Boot Barn Holdings) long position coming into today as last Friday's trading activity still told us that the stock was oversold on the JPMorgan downgrade and buyers were still there trying to accumulate shares. When the tape read a buyer showed up with little selling resistance, we started adding small to the position. Again we sold into strength like last Friday and unfortunately should have swung the position for a couple more days for much larger gains. No one goes broke taking a profit though! All live trades called out real-time in the MookTrader stock chat room!

Net Profit: $3,132


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