OTTR Stock Confirmed Bullish/Going UPHello,
Ayrfolio trade ideas are based on weekly charts and momentum, so remember to be patient! No day trades here unless the stock soars up intraday. Today we’re covering:
COMPANY: Otter Tail Corporation
STOCK SYMBOL: OTTR
POSITION: Long
TP1 Risk-Reward Ratio: 1.67
TP2 Risk-Reward Ratio: 3.34
Stop Loss: must wait AFTER daily candle closes to exit trade (regular candle, NOT Heiken Ashi)
Ultimate Stop Loss: can exit IMMEDIATELY if price reaches this level during any trading hours
EXPLANATION: Weekly momentum increased and confirmed on Monday 8/18/25 at $85.97/share. Although the stop losses are listed on the chart, if momentum has been lost then we can exit before the price reaches the stop loss.
DISCLAIMER: Please do your own due diligence before making any decisions. I am not an investment advisor, and I do not personally trade these stocks. These posts are stock trade ideas that follow my same weekly momentum strategy. Past results are not indicative of future performance.
P.S. - Stocks can soar. YOU can soar. Soaring is possible!
-Ayrfolio
OTTR
OTTR - Cup with Handle BreakoutOTTR just completed a 7-month cup with handle pattern, triggering a buy at the $70 mark.
The fundamentals are incredible for this company. Sales are growing at 40% per quarter and earnings are up by triple digits.
It meets all 9 of William O'Neil's CANSLIM scan criteria, and even has bullish 2023 estimates from analysts.
There is a risk, however. First and foremost, the company is scheduled to report earnings today (8/1/22) after the close. Traders will have to decide whether to try their luck pre-earnings or wait until after the numbers come out.