Long $SMHI
Updated
I like long 
SMHI over 25pps. IPO open price has given overhead supply for several months now, once it gives it should allow a new trend to form. Earnings to navigate early August, but generally this looks like a great opportunity in a relatively new issue.
Bullish sector should provide a sales tailwind going into 2019. If they execute well, the sky's the limit.
Expectation of holding 2W-24W, depending on performance. Downside risk max 10%, contain to less where possible. Upside target starts at 30pps and will vary depending on performance.
SMHI over 25pps. IPO open price has given overhead supply for several months now, once it gives it should allow a new trend to form. Earnings to navigate early August, but generally this looks like a great opportunity in a relatively new issue. Bullish sector should provide a sales tailwind going into 2019. If they execute well, the sky's the limit.
Expectation of holding 2W-24W, depending on performance. Downside risk max 10%, contain to less where possible. Upside target starts at 30pps and will vary depending on performance.
Comment
stopped out of this one
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