12Mar3:44 pmEST

Long Gogo Into the Bell; Chess Moves

Into the closing bell, I went long GOGO at $19.93 for a daily chart bull flag/short squeeze breakout. My stop-loss is under $19. 

GOGO is a heavily-shorted stock, and for good reason--The in-flight WiFi firm was smashed after is IPO last year.

But not it may be trying to come back to life. 

And the daily chart indicates as much, with a bull flag present and a strong buy volume pattern of late. At a minimum, I have some long exposure on in case the market does make another V-shape to fresh highs. 

But on a standalone basis the setup is enticing enough for me to take it. 

Covering Up Some Late-Winter... Stock Market Recap 03/12/15 ...


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