Buy today at $3.23 Just announced the acquisition of Evans, which ads $40m topline revenue (20%). Expected earnings accretive in first year. Price target in short term is just shy of all time highs at 3.90 = +20% Support at $2.80 =. -13% Why I like them. Digitally focused, Global expansion, strong balance sheet and cash flows, growing market segment (plus size).
Their covid will affect their pipeline less than newer entrants like apple and disney since they have so much experience already in production, and have so much already in post production. Current price $482 Target calculation: $438-$231 = $207 $438 + $207 = $645 target Stoploss 370
Solid breakout above 1.90 Stoploss at 1.64 is risking 30%.
SHOP key support levels
Above support around $11 First Target recent resistance at $13.45
Noting support levels on LOV
Noting support levels for LOV
Theoretical trade entry point here today at open $43.02 Stoploss out 100% if trades below $34.80 (19% loss) Targets -$49.94 -$51.94 -$71
Looks like a great bullish breakout here to me, but I wish the volume was a bit higher. Distance between 2014 high ($42) and lowest low since then ($12) is $30 which gives a long term goal price of $42+$30 = $72 target which would likely take years to hit. In percentage terms this is 60% upside A stop at $37.49 gives a risk of $7.63 or 17% Anyone else have...