I took a pilot position at 397.5 and I will be looking to add at minor corrections
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
5 years of sales growth - 24%
5 years of profit growth - 135%
Margins at a record high of 32%, although this doesn't look sustainable
TTM earnings up 57%
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
5 years of sales growth - 24%
5 years of profit growth - 135%
Margins at a record high of 32%, although this doesn't look sustainable
TTM earnings up 57%
Trade active:
Current Quarter earnings are down 10% YoY. im trading this stock with an sl of 360 at the moment. however, if the stock shows strength and turns around, i will add to my position
Trade closed manually:
Closed the trade at 362. not acting well. will look for a better entry point.
Trade active:
Entered at 405/410 and 425. Re-entry bcoz the stock staged a strong comeback after the selloff and its breaking out
Trade active:
ripping higher. will wait for a base formation to add more
Trade active:
504 today. holding on to this one.
Trade closed manually:
booked full profits at 522.5
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini