Jamesofbc

UNFI - we are finding support on the orange rings

Long
NYSE:UNFI   United Natural Foods, Inc.
This is a stock I would like to own for the long term. We seem to have overhead fib resistance sloping down and support below us on the orange fib ring. Earnings is estimated to be around December 5th. The last earnings pump sent us to >$50. The entry I'm looking to take is $35-$40.

Consider selling Jan 2021 $35 puts for $1.00 today. Lots of good DD our there. This should be a $100 stock by 2024.

I post trades on Discord
discord.gg/f5cPyW9W8p
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