iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally.
The share price fell after bad earnings. But then the price continues rising.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position again from $62,13; stop-loss — $59,35.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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