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jaxdog

$OSK Breaking Out of Flag Formation?

Long
Oshkosh Corporation (Holding Company) (NYSE:OSK)  
jaxdog Updated   
NYSE:OSK   Oshkosh Corporation (Holding Company)
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OSK Here is another play on electrified specialty vehicles. Check out their website www.oshkoshcorp.com/ Pretty cool stuff.

I have been watching this one for a good entry since earnings on Oct 23rd. I missed the pullback breakout on Nov 13th, but it has pulled back again and looks to be breaking back above that pullback. I have started ¼ sized position and I will place my stop just below today’s low of day. I do not expect this to be barn burner but a 10% to 20% gain over the next 2 months seems reasonable. I think it can get back to the double top highs from September. All TBD.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Trade closed manually:
OSK - Closed this out for only a 1% gain as the market is weak prior to Fed announcement and Powell presser. Back on watchlist.
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