Vista Outdoor ( NYSE:VSTO ) has urged MNC Capital to increase its offer to acquire the company, stating that the current bid of $3 billion undervalues its performance gear business. In March, MNC Capital had raised its all-cash bid to acquire Vista to $37.50 per share, equivalent to $3 billion, after the company had rejected its earlier offer of $2.90 billion....
I have entered long on $VSTO due to the fundamental and technical analysis as shown in the chart.
Stop loss has been trailed since. Price is moving as expected and is setting up a mini 4 day consolidation. I expect it to break to the upside and hit the profit target if the wider market supports it.
Love the risk / reward ratio on this trade.
- Target Entry: $37.49
- Target Stop Loss: $36.71
- Target Exit: $44.01
- Risk / Reward Ratio: 8.36
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my...
Breakout provides a signal for coming uptrend
First pullback offers entry point
The key is to ensure pullback does not fall below breakout level and be ready to get in as soon as pullback is over
Got a hit on investment alert which is an alert that triggers when the stock shows signals that it will rise within the next month.
The plan, grab an options that expire in Feb, hold for the ride and sell high. Would like to see us break the down trend first. I will be watching the open.
no ammo anywhere upstate. look out for earnings beat Vista Federal Ammo. pullback enter above MA or swing trade like me. Election Biden win explodes Trump Civil unrest Win Win
Hey guys, VISTA OUTDOOR is in an uptrend, with a shadow larger than the bottom one and high buy volume. On the TIMEFRAME 1Min we see a bullish continuity Great likelihood of going on the last precedent higher. Then after objective is on the next high which is a level of 2018. Not enough force for the point which follows and its corresponds to half of its...
Great basing pattern, volume, and macroeconomic climate for this stock to take off. covid19+ upcoming election = good value play
*TA & Personal Opinion, not investment advice.
Best of Luck!
VSTO sells a lot of shooting sports products. Heavy AMMO sales, in addition it is a outdoor sports/2020 camping bonaza play.
Sitting at a key level, really like it for a reopen play that hasn't fully took off yet. Break above this level and $14 is coming, then $16 above that.
From the Monthly chart we see a downward trend pattern continuation, more of an AB=CD type of pattern. VSTO also reported earnings today. I entered a short trade yesterday @ the 1H chart when I realized it.
