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Vaggitarian
Jul 15, 2020 5:30 PM

CDN stock CAS to penetrate into 16 dollar range worth! Long

CASCADES INCTSX

Description

Hi again! I'm looking at this and thinking this one has the muscle to break out of the daily ascending and thrust upward towards the 16.50 range! I'm long at 15.83 with a target of 16.48! Earnings are Aug 6 so I'm confident to be out by then. A good 3 week mark.

Comment

I've decided to tough this one out through earnings.

Trade closed: target reached

Comments
UnknownUnicorn3221790
Positive earnings, finding bottom?

Was looking at the new issues from the past couple months, CAS was there for $125,008,800 at CAS:$16.80.

Good company, hard trade!
Vaggitarian
@Skrivitor, Yes. Although it turned out, it didn't go as I'd hoped. That's why to me these higher timeframes are so much more important, even when you just have a quick move in mind.
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