MBUU Short

With long term support broken and weekly gap right below, this name will likely trade down below 41. Strong fundamental suggests a turnaround at a micro level but macro headwinds/ recession fear might hit recreational industry hard, thus creating amazing buying opportunity.

This name deserves a spot on the watchlist!

PS - Not financial advice. Do your own due diligence.

Yorum:

Worked out exactly as the chart suggested. Deserves strong look for short on a fake breakout.