tsx_trader

SMPL *May* experince a dump off and a nice long position entry

NASDAQ:SMPL   SIMPLY GOOD FOODS COMPANY
Earnings not very favrouable. Share is down to 20.08 from 21.21.

2 earnings reports ago, there was a similar scenario and earnings went down an over all 22 percent. If it does that again, it would go down to the area of 16.50....

Unknown if it will reach that low. I am going to be watching closely waiting for a roll over to the upside. 18.75 and 17.70 are next for clusters of support followed by a really attractive entry at at mid to high 16$. Although it may not be realistic.

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