IvanLabrie

ALK: Potential long term long, courtesy of Nick Coulby

Long
IvanLabrie Updated   
NYSE:ALK   Alaska Air Group, Inc.
My good friend Nick Coulby (@ncoulb1) has brought this stock to my attention and I think it could constitue a nice addition to a long term portfolio, with good valuation after testing a massive support level, and expanding the daily range up today. You could opt for shorting puts or going long stock, with either a 1 or a 3 ATR stop loss here, depending on your risk profile.
Good luck if taking this trade and make sure to check out Nick's profile.

Cheers,

Ivan Labrie.
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