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Trading Setup - SWBI
25
@neonbitdelta
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1 min read
Hi Guys, let me show you my trading setup for SWBI.
Entry: SWBI long @11.26$ on Friday The duration of the trade will be a few weeks.
It makes sense to me that people focus on security and self-protection in times of crisis. The media are currently consistently negative and promote panic. The fundamentals look good (balance sheet, P&L, cash flow). Analysts see good upside potential. From a chart perspective, the share is on the verge of a breakout pattern. Analyst targets:
Exit: As soon as the share reaches the target of 12.50$ I will write covered calls with a short time to expiration on it.