Looks to me that YETI may be ready to make a move higher if the market rebounds. So far today it is shaping up to be an inside day (the day’s not over). This may take a few days or weeks to develop so maybe something for your watchlist. If it does not drop below and stay below the range established after earnings, I will look for a good long entry. If it drops and stays the idea is invalidated.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Nota
I'd like to see YETI consolidate under the upper resistance area before breaking out. That would give me a better risk / reward entry. All TBD.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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