LESL
Summer pool play LESLGo long LESL. Play on pools and increased home-ownership/pool installations over the pandemic. The upward channel has remained intact despite the market-wide correction. Could be a good trade for the summer and possibly beyond depending on how the company performs and the quality of the earnings/growth reported since it did just recently start trading publicly.
The current chlorine shortage and pent-up demand for more pools will give Leslie's pricing power. It is also under-owned based on RSI with MACD looking ready to bottom-out and head up for a bullish MACD cross.
Long | LESLNASDAQ:LESL
Possible Scenario: LONG
Evidence: Price Action
TP1~ 28.75
Call options, Strike 35$, 20/08/21
This is my idea and could be wrong 100%,
