IvanLabrie

CALM: Long at market open

Long
IvanLabrie Aggiornato   
NASDAQ:CALM   Cal-Maine Foods, Inc.
We can go long CALM above the Key Earnings level from the last earnings release.
Keep stops under 51, and aim for a 5 daily ATR move.
I like how it has closed the day above said level, I see considerable upside in this stock, and it has an excellent yield and solid fundamentals.

Good luck if taking this trade.

If interested in my professional trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.
Ordine annullato:
Waiting for a move above earnings resistance, not safe to go long here...would only enter either higher, or lower, at 48.74.
Commento:
Not much downside progress, need a solid move above earnings resistance to enter longs.
Trade attivo:
Nice move above the earnings resistance.
We could go long with a 3 atr stop loss.
Commento:
Sold at the money calls as my stop yesterday. Dividends are nice as income here too.

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