Lanmar

Weekly breakout confirmed on SOHO. Quick 20% upside minimum

Long
Lanmar Updated   
NASDAQ:SOHO   Sotherly Hotels Inc.
Due to the relative low vol nature of the stock my strategy is add leverage by buying short dated call options. I expect target to be reached fairly quickly.

Credit to IvanLabrie for finding this one. His publication:
Comment:
Comment:
We have a minor reversal - as long as the weekly close is above the dashed line this is just a retracement and SOHO is still a long on a weekly scale
Disclaimer

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.