You've heard about GameStop (GME), now take a look at tup.
Tupperware Brands Corporation, trading at 6.51$ a share on the Friday close, with an history of down-gaps after earnings plays. Down over 93.11% from the highs, TUP has definitely taken a beating from its peak Christmas '13, but I'm betting on a big reversal here.
Daily chart shows two gaps on chart, 15.54 and 17.82, first targets for this position.
Three solid points on a down diagonal trend for support and over-all oversoldness, I will become a titan of Tupperware industry.
Here we are at the other side of the Covid-19 shutdown. TUP recovered its February share price. I remain bullish with 700 shares at play. The new CEO is kicking butt. Expect the earnings report to drive shares higher. Go Tupperware.Go!!!
avdividetace
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Large gap down, wide ranging candle 1D, next day confirmation inside ranging candle, entry point + stop loss!
weensNbeans
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It has assets to easily justify the current market cap, the problem is, how much will it burn before righting the ship?