Just got long 50 shares of $GO $35.98 with a stop loss @ $33 for a swing trade. Look set to blast off coming out of a 6 month bottoming base.
The stock is trying to put in a bottom and the recent upbeat earnings may have attracted the attention of some new investors. THE OBV has shown strength for some time while the price has continued to drop which id is bullish and a reversal signal. Seeking alpha earnings article = Grocery Outlet Holding (NASDAQ:GO) reports comparable sales increased 5.8% in...