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Long

Good time to buy FRED? Channel Support + Gap Down

171
I like this setup. Good R/R. Entry around $5.75 stop loss around $5.50-5.60 - depending on position size and pain tolerance. $NASDAQ:FRED is a solid company with descent dividends and call options look super cheap at the moment. A good a bet as any, especially with those gaps around $2.50. That would be my first target.


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The Shill Pickle
The_Shill_Pickle
dividendEarningsFederal Reserve Economic DataParallel ChannelTrend AnalysisTrend Lines

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dividendEarningsFederal Reserve Economic DataParallel ChannelTrend AnalysisTrend Lines
The_Shill_Pickle

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.