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ChristopherCarrollSmith
Jun 21, 2019 7:46 PM

Funko bullish breakout Long

Funko, Inc.NASDAQ

Description

Funko just broke out above a critical resistance level. Not a lot of resistance from here up to 2018 highs of $31 per share. It's got pretty good analyst ratings, growing earnings, and a history of earnings beats. It next reports in early August, so plenty of time to run.

Comment

I've picked up a small amount of Funko at about 23.40. It's getting some support here, but it could drop below 22 before it heads back upward. That's when I'll place a larger buy order.

Comment

Finally got the Funko breakout I've been waiting for this morning. BIG move up 5+%!
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