NAPA in buy zone - buying sharesNAPA is currently in a demand zone and I recommend buying up shares.
NAPA trade ideas
NAPA in median range and good time to buy.NAPA is currently in a median and a major supply zone. Buyers are slowly buying up in the colored area that I have marked. I too have been buying up in this area and I have noticed a recent dip that I also have bought more shares at.
$NAPA - IPO Base Breakout - For Wine Drinkers Only?Notice the note on the chart at breakout. I have had a small position in this from just after the IPO, I like Duckhorn wines. It's finally paying off. I'd like to build this into a full position but I'll wait to see if it will consolidate above or near the base breakout. I think this can be a long term leader for years to come. But, that's only an opinion. With that in mind, here's a tasty ticker for your watch list. Ideas, not investing / trading advice.
Oh, and they reported earnings on June 7th and beat.
From earningswhispers.com:
The Duckhorn Portfolio (NAPA) reported Quarter April 2021 earnings of $0.09 per share on revenue of $90.4 million. The consensus estimate was a loss of $0.01 per share on revenue of $76.1 million.
The Duckhorn Portfolio is North America’s premier luxury wine company, with ten wineries, eight state-of-the-art winemaking facilities, seven tasting rooms and more than 800 coveted acres of vineyards spanning 22 Estate properties.
NAPA NEW IPOKeeping an eye on this one. First wine IPO in several years. Expected to settle in the 20.00 area short term.
