Anbat

FAT Brands is a buy (April-June)

Long
Anbat Updated   
NASDAQ:FAT   FAT Brands Inc.
After IPO lockup expires on 4/23/18, INSIDERS will be holding the BAG with 2,000,000 shares at $12.00 per shares. PA now is $6.32,with a DOJI candlestick on daily (today) price action. This stock only has upward bullish potential for next few months and/or rest of year.

QUESTION:
If you were an INSIDER with $12.00 shares, would you sell at $6.32............NO way!! That is why price action will be going higher or at least back to $12.00 sooner then later. I would strongly get on the bullish trade train at this time, being on train earlier then later is best time. Never catch a moving train.
Comment:
Bullish Pinbar three candlestick daily showing at $6, will be up rest of week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.