Get started
Long

Good time to accumulate Rite Aid $RAD?

232
Rite Aid got double whammed last week. First with terrible earnings and the next day with a downgrade. The stock has traded the last three sessions with a floor around $9.60s. At open at the stock flushed and quickly hit the high from yesterday before selling off. If you are one for a long, I would hold RAD for a $11 move within the next week. At this price level which we saw in the March lows, we should start to see a recovery this week. I bought a bunch of $11 Calls for the end of November.
cazmuh
The Aspiring Entrepreneur
youtube.com/channel/UCC3JWoylvFuqq6pRPWJFlfg
Also on:
Chart PatternsTechnical IndicatorsLONGoversoldRADriteaidTrend Analysis

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.
Chart PatternsTechnical IndicatorsLONGoversoldRADriteaidTrend Analysis
cazmuh
The Aspiring Entrepreneur
youtube.com/channel/UCC3JWoylvFuqq6pRPWJFlfg
Also on:

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.