Bought on the close as CHPT closed above the $20 level after a >30% decline. The stock also undercut its lows on the week before rebounding quickly.
Looking for a rip off this $20 level as it has done in the past. Will look to take some off at the 100-day & 200-day moving averages if we do get the pop.
Very tight stop loss, just under today (FRI 12/10) lows.
Trade closed: stop reached
Moved stop loss up to $19.93 after Monday's pop. Took small $0.22 loss.
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