GALE/QCOR Pair Update

The original pair trade idea was from Feb 2

The idea was that the GALE long would hedge the QCOR short until it got moving in the right direction.

To date the pair trade has returned 112%

The last update QCOR was just hitting this downtrend line where it looked like a good place to add or start a new position.

Gale was here.

Since the 28th, QCOR has dropped nearly 8% and GALE has gained +37%.

GALE was never meant to be the longer term trade that QCOR was so over the next day or so I would watch GALE for a new high, if it can accomplish that, then there's probably some time left in GALE. QCOR is a longer term position, the target is around $20. We have many different traders entering this trade at many different dates, for stop ideas, just email me .