After 5 months of consolidation Hudson City Bancorp is attempting a break above $6.25 resistance. We took a long position at $6.17 and have set our stop limit at $5.89 if the market shows weakness. Hudson City is set to release earnings January 16th and could see a small move higher into that announcement.
Hudson City Bancorp (HCBK) 900 Shares @ $6.17
After 5 months of consolidation Hudson City Bancorp is attempting a break above $6.25 resistance. We took a long position at $6.17 and have set our stop limit at $5.89 to guard against market weakness. Hudson City is set to release earnings January 16th and could see a small move higher into that announcement.
Leave Your Response