Stitch Fix, Inc

On the above weekly chart price action has corrected 97% since the sell signal printed in February 2021. A number of reasons now exist to have a long position, including:

1) You know why..

2) Price action and RSI resistance breakouts.

3) Price action prints a double with higher lows in RSI.

4) Stochastic RSI prints hidden bullish divergence, fantastic.

5) No stock splits.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Will say somewhere else
Stop loss: <= 2.40

Trade active

Support on past resistance now confirmed.

Note

GRM support confirmed

Note

breakout! Hold it until 100+ dollars

Trade active

Note

resistance breakout

Note

Past resistance confirms support.

without_worries

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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: