I've been watching this one for awhile now. I'll wait on an entry to confirm it's going to keep moving up off this Cup with Handle pattern. On a fundamental basis, Camping World beat earnings expectations and still sold off. But buying volume is coming in today. This may be a good one for your watch list. Ideas, not investing / trading advice.
Earnings last week:
Camping World Holdings (CWH) reported 4th Quarter December 2020 earnings of $0.48 per share on revenue of $1.1 billion. The consensus earnings estimate was $0.34 per share on revenue of $1.1 billion. The Earnings Whisper number was $0.36 per share. Revenue grew 17.5% on a year-over-year basis.
Earnings last week:
Camping World Holdings (CWH) reported 4th Quarter December 2020 earnings of $0.48 per share on revenue of $1.1 billion. The consensus earnings estimate was $0.34 per share on revenue of $1.1 billion. The Earnings Whisper number was $0.36 per share. Revenue grew 17.5% on a year-over-year basis.
Trade active:
3/8 7:10 AM Pac. $CWH I opened a starter position here at $34.87. Over 100% more volume today than 50 day average. Smaller position for me because the market is not that strong. My stop will be below today's low. If it cannot hold I'm out.
Comment:
3/9 added additional shares (small) at $36.11. I'll stay with same stop. I'm hoping the market cooperates and I can make this a full position. (it's now at 1/3 position)
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.