Can FIVE's Bull Run Continue? Next Target: $104
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. Since March 20th, Five and Below have surged. Imagine during this time period you could have increased your money by an extra 50% in a matter of "some weeks" with just a single stock? That is how FIVE performed after a very steep bearish downtrend. It seems like you are seeing a retracement or breakout happen as a result of panic selling and price correction in real time. The question is, can the bullish correction continue? I think so, and that is why I am setting a short sell of at least $104.
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