Monster head and shoulders on this stock + flagging short term

2020년 12월 29일

Very strong head and shoulders pattern on Michael's + we could see it tightening in a flag pattern just above the 21day moving average:

I went long today (combo of options and stock). Also take note of the relative strength today. A lot of stocks are taking a beating. MIK is not.

Stops are really simple on this one - below the flag's low / under the horizontal line representing the neck line of the H&S pattern.

2021년 1월 5일

코멘트

Really beautiful breakout here. Tightening up stops a bit here but expect MIK to continue its run:

2021년 1월 6일

코멘트

can take *some* profit here. getting extended with a wall at 14.80. Will likely need some consolidation before reaching 17.50:

2021년 1월 11일

코멘트

getting bulled up again:

2021년 1월 12일

코멘트

Above highs 17 on the way. Still long common stock

2021년 1월 14일

코멘트

Approaching key target:

2021년 1월 14일

거래청산: 타겟 닿음

closed all @ 17.74