FIGS - Multibagger potential

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• Fundamentals look incredible. Chart is setting up nicely with a nice bottom formation in progress.
  
• I have started to notice FIGS outfits at more healthcare facilities. A new trend might be on the rise and it could propel this company to a billion club. Current valuation is too cheap I think. This could well be next CROX
• No position yet, but I will add some for my long term account.
  

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ملاحظة

Looks for any tightening here for break out of this pattern here

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تم فتح الصفقة

Nice big bullish candle just at the pennant support. will raise the stop to 7 now.

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تم فتح الصفقة

Backtest of 7.5 likely tomorrow on the heels of NKE ER. If it holds, next target will be 10.

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أغلقت الصفقة: تم الوصول لوقف الخسارة

I got out yesterday for a breakeven. I did not like the weakness yesterday around the pennant trendline support. There are better set ups available in terms of risk/reward. Will enter as it builds on the daily for continuation.