UCTT - Ultra Clean Holdings
Updated
Bought small position (~40bps risk) as UCTT broke to a higher-high & the weekly VWAP. Will add more to position if it follows through next week.
Looking for follow through after a 26% run from its PEG back at the end of October.
Looking for follow through after a 26% run from its PEG back at the end of October.
Trade closed: stop reached
Raised stop loss too soon after follow through, placing it just below Friday's consolidation low. Will look to rebuy if it can break through the 11/9 high @ $60.84.
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