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Steversteves
Nov 13, 2022 6:28 AM

GNRC: Possibly a long! 

Generac Holdings Inc.NYSE

Description

Rarely trade this, but its on my list. My watch list. Things are getting interesting.

Tradingview doesn't support GIFS, but they should.

In the absence of the gif, here is a 0.01 second clip to express my feelings right now.

If this breaks out of this bear flag to the upside it will be interesting.
This stock moves fast. Like really fast. It doesn't play games. SO a break out will be aggressive.

Here is a close up view of what I am seeing on the 4 hour:





That's pretty much it, pretty straight forward.
Its not a stock I trade much so I don't have much else to add. Just something to watch out for!

Safe trades everyone!


Comment

Its been struggling but defending that 100 price point.

I entered today AVG 102.02.

Will scale up if it continues down.

This is a company I believe in fundamentally, and so this is more of a "I don't care where it goes, I like them anyway" kind of trade! Its that time where us cash holders need to start looking at re-investment :-).

Safe trades everyone!
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