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Hanesbrands Inc.

HBI: Gap Fill Study

By Jroge107
Updated
Similar patterns after filling a significant gap. No explanation, just observation. Hanesbrands is a buy at $20 if price wants to meander down there and hold.
Comment
Target 1 (1.272 Fibonacci extension) reached, move stops to break even or adjust option deltas. Target 2 (1.618 Fibonacci extension) expected upon earnings next week. Enjoying this great technical run we are having :D snapshot
Beyond Technical AnalysisChart PatternsgapgapfillhanesHBITrend Analysis

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