DNUT from no where on a 15 minute chart moved late on Monday and then continued on
Tuesday, the trend indicator is thick suggesting continuation again for another day. Donuts sold
good for St. Patrick's Day. I am in this since yesterday. Added at the opening bell and the
lunch hour. It is risk free as the stop loss is above the average entry. Looks like more
bullish continuation tomorrow.
Trade active
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Closed half on the pullback- awaiting the continuation anticipated.
Trade active
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The news details are out - the comarketing of the sugar buzz at Krispy at McD's drive ins is not until 2026 and the agreement is revocable. Once the word gets out DNUT may fully retrace. I may take off another 25% tomorrow and leave only 25% to run the weekend.
Comment
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Trading short while tiered profit taking. ( not afraid to be bidirectional) Took a put option for June 2026 striking 14 ( not afraid to take big positions countering episodic pan flashes)