NASDAQ:GO   Grocery Outlet Holding Corp.
Stimulus building opportunity for this morning is GO. Bullish Butterfly Harmonic pattern. Has hidden bullish divergence on the daily, momentum is positive. Reaction to the price action at the pattern completion zone has retested an old gap fill from June as support & bounced off of it. Stop/Loss would for me would be $34.64, first target $39.72, 2nd Target $44.05, and if your patient enough the third target would be $46.71. Not financial advice, but this is a good risk to reward opportunity for myself

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.