MasterCraft Boat Holdings, Inc. Announces New $50 Million Share MCFT: MasterCraft Boat Holdings, Inc.
2021-06-28 16:05:00
MasterCraft Boat Holdings, Inc. Announces New $50 Million Share Repurchase Program
MCFT trade ideas
Double Bottom + MACD cross up +RSIDouble bottom trade is going the right way. MACD crossed up and RSI is over 50.
$MCFT can rise in the next daysContextual immersion trading strategy idea.
MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $15,24;
stop-loss — $13,91.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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New all time High for this Boat maker!Guess it's keeping up with Malibu Boats (MBUU). Recreational field very strong! Long pos.
