Sleep Number Company | SNBR | Long at $6.99

61
Sleep Number Company $NASDAQ:SNBR. Closed all existing open price gaps on the daily chart below its current rice. The overall downward trend is starting to flatten. They make all their products in the US and have minimal exposure to international markets (reduced risk around tariffs). Understandably, recession risks are high and such a company would be impacted. Plus, their debt is pretty high. This is a risky investment, but from technical analysis perspective, there could be a future rebound in the near-term. Thus, at $6.99, SNBR is in a personal buy zone.

Targets:
  1. $10.00
  2. $12.00

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.