One way to guesstimate targets, is to take the pole and project it from the lower trendline of the flag. Not all bull flags break to the upside. but you can place a stop below the bottom trendline. No recommendation. BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products...
Potential entry above $62.50 target price $68.50
DOOO flushed out the buyers from the past 3 months and has now established a definable trading range. As always, manage risk appropriately.
Consider long on close above resistance. This is a recreational vehicle company. Most of us need an outdoor recreational vehicle NOW. Two targets given Lower one is from the positive reversal in the RSI. The higher from possible Fib relationships. You could use close above the current uptrend line as stop. Process your way.
Bought 1k shares this morning for earnings and decided to sell it this afternoon, figured why risk it when it's already given you 5% in 5 hours? Not worth the risk on a thinly traded stock, 44k shares traded today and that's big volume. It might gap up big tomorrow though and get some follow through from short squeeze. Anyways, watch stocks for pre-earnings...