LOGI Long - A company with excellent growth
LOGI is showing a consistent uptrend pattern with increased trading volume on the weekly charts. It also looks like the stock is looking to close out the week with a bullish pin bar on the weekly charts too - Bullish sign. On the daily, LOGI is looking to clear overhead resistance which also happens to be the all time high. Fundamentally, positive earnings three days ago should support a continuation to the upside; 85% growth in quarter 3 sales, operating income tripling and GAAP earnings growing 222% y-o-y. I am looking at 30% upside from its current price to $125.
Will look to get a position in Logitech soon but I am also weary that the overall market is looking to open lower today. We will see! Please make your own trading decisions and don't forget to stay green!
Will look to get a position in Logitech soon but I am also weary that the overall market is looking to open lower today. We will see! Please make your own trading decisions and don't forget to stay green!
交易結束：目標達成:
TP of $130 hit, closed my entire position.