I have been in and out of this name 4 times in the last 6 weeks. Combination of all trades is just better than breakeven. Maybe the 5th time will be the charm? I like the story behind the stock as a recent IPO. It has yet to have real earnings, but sales keep increasing (See Earnings Box). As you can see, I have a small starter position. I will look to add once it closes a couple times over the 30-week MA. And then again if it can get over the next line of resistance around $13.90 ($14). You can also see on the chart I have chosen this stock as a “Candidate” to double or more in 2023, TBD.
I published this idea in the recent past, link below.
Ideas, not investing / trading advice.
Comment
⋅
This one's a little slow to get started but I've added to it today. Now 1/4 size for me. Still waiting for it to get over the $14 area before I build out a bigger position.
Comment
⋅
This finally has gotten over $14 so I added just enough to bring me to a 1/3 size position. "Assuming" this continues to move up, it'll likely take me a few weeks to fill a full position. All TBD.