Booz Allen Hamilton Short

 

Booz Allen Hamilton (BAH) delivered some bad news to the public Tuesday, confirming that they were the victim of an intrusion event. Once again we are presented with opportunity to make money from watching the bad news unfold.  There appears to be resistance around 20.  If BAH doesn’t move above this line in the next few days, it could be a good short opportunity.  This is not a liquid stock, but additional liquidity may move in on the news Wednesday.  Today’s candle does not look encouraging for a short though since the stock went up the entire day.  We’re keeping this on a watch list for a small but entertaining move to the downside.

 

2011-07-13-BAH-TOS_CHARTS

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