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KozakHlib
Jun 23, 2020 1:02 PM

$WING can rise in the next days Long

Wingstop Inc.NASDAQ

Description

Contextual immersion trading strategy idea.

Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name. Its restaurants offer classic wings, boneless wings, and tenders that are cooked-to-order, and hand-sauced and tossed in various flavors.

The demand for shares of the company still looks higher than the supply.

This and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $133,85;
stop-loss — $131,80.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade closed: stop reached

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