FriscoTrades

$ATKR Potential breakout

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NYSE:ATKR   Atkore Inc.
ATKR good earnings growth, nice VCP rounded base chart with potential breakout. Seeing good buy volume and testing $120 resistance level now.

Can go long shares as options aren't extremely liquid, I'm trading JUL 120/125 debit spread looking for a breakout higher to $125 target.

Rejection here could be looking back to 105 zone... my bias is long after a good earnings release and evidence of volume buyers
İşlem kapandı: durdurma seviyesi:
Stopped out wow someone liquidated. Worth noting utilizing the debit spread instead of just long calls, I minimized my risk exposure, so being wrong on this didn't hurt the bank.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.