On Jan. 13, 2021 I issued a possible short trade with a 10% down side target - I then cancelled it on the earnings report to let the dust settle. It is clear to me now that the thesis is still intact this stock has had most of the benefit of the pandemic (it may have one quarter left) but the stock is not responding.
I am initiating a short trade with a $500 target - 10% gain.
I am initiating a short trade with a $500 target - 10% gain.
Comment:
Closing this trade it is not reacting as I had hoped. I will keep an eye on it.