BUY HAS @ 98.8 take +16%, stop -3%
Updated
Hasbro is a big toy company, one of the largest in the world. Today is New York Toy Fair (21.02.2020) this may impact positively 1st quater of 2020 for HAS.
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be patient.
Low RSI. The stock price has crossed below the lower Bollinger Band, which gives us a buy signal.
Lower support line @ 96.7 (D).
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be patient.
Low RSI. The stock price has crossed below the lower Bollinger Band, which gives us a buy signal.
Lower support line @ 96.7 (D).
Trade closed: stop reached
Unfortunately, the coronavirus led to plunge in the stock. Fortunately, the stop loss order was quite close to the initial level, so the losses are small.that's important lesson: be careful with volatile times (the coronavirus volatility) and put stop orders.
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