IvanLabrie
Long

CALM: Long at market open

NASDAQ:CALM   CAL MAINE FOODS INC
We can go long CALM above the Key Earnings level from the last earnings release.
Keep stops under 51, and aim for a 5 daily ATR move.
I like how it has closed the day above said level, I see considerable upside in this stock , and it has an excellent yield and solid fundamentals.

Good luck if taking this trade.

If interested in my professional trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.
Order cancelled: Waiting for a move above earnings resistance, not safe to go long here...would only enter either higher, or lower, at 48.74.
Comment: Not much downside progress, need a solid move above earnings resistance to enter longs.
Trade active: Nice move above the earnings resistance.
We could go long with a 3 atr stop loss.
Comment: Sold at the money calls as my stop yesterday. Dividends are nice as income here too.
Very nice.. looking very similar to GPOR on a daily TF
+1 Reply
IvanLabrie PRO NickCoulby
How is GPOR doing, fundamentally speaking? Haven't done any research on it, valuation wise, only seen the technical chart (which does look good).
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NickCoulby PRO IvanLabrie
"googles financial metrics" ok well
+1 Reply
IvanLabrie PRO NickCoulby
Add your chart here, calm and wmt look pretty good, maybe we can make a 'consumer staples' basket.
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NickCoulby PRO IvanLabrie
snapshot
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NickCoulby PRO NickCoulby
May be hard to find the right R in this setup if price expands quickly higher tomorrow, would be nice to see a small candle close above earnings with yet another higher HL
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