ZChartDoc

Scott's - Looking to Buy a Pullback

Long
NYSE:SMG   Scotts Miracle-Gro Company (The)
In my opinion SMG is under the radar and an extremely strong buy for the longer term. The new stay-at-home economy and the rise of marijuana industry are big bullish tailwinds for SMG . And just look at that chart - up and to the right!

Hoping the weakness in the short term continues so I can enter a position.

Buy Targets:
Average in at $115 (lighter)
Establish larger core position near $100
Possibility of $80ish on a capitulation / double bottom: slam it!

Sell Target $200 in 2-3 years
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