High probability trend continuation in TEAM

- Coming off 50 Day moving average
- Exiting pennant
- Breakout on a 3 day weekend (Only strong hands hold over long weekends)

Long term chart...

Note

Looking at seasonality, TEAM performs best in the month of JULY since 2016.

Here is the source: stockcharts.com/freecharts/seasonality.php?symbol=team&compare=

I don't know why. I don't care why. And don't want to know why. However, it does add another interesting layer of confluence (but does not change my stop loss).

Also: an IMPORTANT LESSON from the 1st lockdown: Companies that help online business thrive did well and continue to do well.

Trade closed: stop reached

@187

Lanmar

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Lanmar