ALK: Potential long term long, courtesy of Nick Coulby
Updated
My good friend Nick Coulby (@ncoulb1) has brought this stock to my attention and I think it could constitue a nice addition to a long term portfolio, with good valuation after testing a massive support level, and expanding the daily range up today. You could opt for shorting puts or going long stock, with either a 1 or a 3 ATR stop loss here, depending on your risk profile.
Good luck if taking this trade and make sure to check out Nick's profile.
Cheers,
Ivan Labrie.
Good luck if taking this trade and make sure to check out Nick's profile.
Cheers,
Ivan Labrie.
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