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Trading2ez
Nov 1, 2020 10:58 AM

LOCKDOWN 2.0 = Toiletpaper HYPE 2.0? Long

Albany International CorporationNYSE

Description

Hey tradomaniacs,

many countries in europe are facing the second lockdown of this year and I`ve seen panic all over the place in my town.
Guess what.. I was in the supermarket and shelves were empty.. no TOILET-PAPER nor tissues.

Beside the question "What the hell is wrong with you guys?" I`m wondering whether we see a continuation of this behaivor during the lock-down and so a new boost of some quite interesting stocks that would benefit from this rush.

ALBANY INTERNATIONAL CORP is a good example for the previous "Toilet-Paper-Hype" everywhere in the world.

Will we see another hype? Balance sheets and Chart looks bullish to me even though we can expect the entire market to drop due to the upcoming events.

Just an idea.. I might give it a try! =)


LEAVE A LIKE AND A COMMENT - I appreciate every support! =)

Peace and good trades
Irasor

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Comments
Ron-in-Dubai
Whaha, let's read the white paper on that!
ProjectSyndicate
ok ok, interesting setup for sure. )))
Let's see if once again everyone acts like sheep.
Trading2ez
@ProjectSyndicate haha possible. People are just insane.
Khadijah78
I was thinking the same thing! But instead of Albany I was checking out Procter & Gamble. I was at Costco yesterday and they kept restocking that and water!
Trading2ez
@Khadijah78, yes there are plenty of good options we have =)
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