Bufab is a quite boring company fundamentally. They deal with C-parts, the whole logistics chain of distributing C-parts. But it's a huge market and the stock took a big hit from COVID-19 but is now on track to recover.
I'm looking out for the 108-110 SEK area for a possible entry.
Bufab shot up today and established itself briefly above 112 SEK. It's now fighting to stay there, if it successfully does, we might see a quick recovery to pre-corona levels.
OMXSTO:BUFAB Entry target around 102ish
Looking to split up my entries between
102-100ish.
Cover 40% at 105 if sucessful
Move Stop Loss, let it ride
Cover rest 108-109.5
Stop Loss bellow 99
