I am getting ready to head out to the bellagio…and right now hpq is trading at 50.36…..i would take a pretty big rally today for me to exit. But for those that want to follow the trade today…..I will exit the trade if the rsi(2) is going to close above 50. Right now its at 3.03.
I will update if i get out…but anyone that is following this if it happens should be exiting about the same time I do.
I will update Monday morning with my plans then on the trade.
For those not familiar with these mean reversion trades…..there is no stop on this trade.