Look here my dear, observing on a any timeframe im using 2hour or 4 hour here this has and is on a nice bull run. The volume is still low, compared to last week its about quadrupled since entering before earnings and this stock has ran up. However, considering their recent earnings and the outlook for probiotic kefir products are quite popular amongst its...
This has been coiling and consolidating for months
Has strong potential for $2/share growth as long as the short volume remains low.
There are no indicators showing that this is not worth the R/R
Set stop loss at $0.50 if you want to be super safe and target is $2 / share, for a swing.
If they did decide to sell the company I believe it would conservatively be worth $12 a share. If revenue continues to expand, or even expands more rapidly the sale price could be much higher.
BREAKOUT STOCK ALERT
$BKT - BlackRock Income Trust Inc. (The)
Initial Alert Price: $6.1
Potential Price: $8.89
Potential Gains: 45.74
Looking for LWAY to retest the $8.09 Levels of Resistance for a potential 35-40% Swing Trade near Mid-February, Early March. If the stock breaks through the $8.89 Resistance Levels, the next range would fall between $8.89 - $10.79,...
