شراء

PRTY - Potential Bottom Swing Play

تم تحديثه
Party City is in no way sheltered from the current state of things. Most stores are probably shut down, but with all the increased buying I believe we have hit a bottom and can break up to an upper channel off its most recent move.
I do not have any shares of PRTY but will be looking on monday to buy in the area of 0.58-0.61 if I get the chance. First price target is 1.18 and depending on how strong the move is, I may ride some up to 1.66.

This is only a swing idea, I am not necessarily bullish on PRTY, but I do believe in the swing potential setup here.
ملاحظة
Price Target 1 hit today, sold 50% of holdings to regain all my cost basis.

Currently holding all profits for the long haul.

GREAT SWING PLAY congrats to anyone who followed me here.
bottombottomingChart PatternsTechnical Indicatorspartypartytimeswingswingsetupswing-tradeswingtradeswingtradingTrend Analysis

إخلاء المسؤولية