TOST looks to breakout
TOST earings are coming around the corner and the company is JUST becoming profitable. This reminds me of SOFI and HOOD and how they picked up steam so heavily as the negative EPS dropped. The stock saw a nice 50% fib pullback and is now contracting right into earnings. These wedges have a habit of breaking down after an upward pump. This is where you want to look at short interest, this amount isnt tremendously high but could cause a false wedge breakout.
My plan: My target for the year is 56$
As I sell out of TSLL I might be adding this as a new play alongside NBIS
The premium is high so I would likely buy 1-200 shares and then start selling CSP here
My plan: My target for the year is 56$
As I sell out of TSLL I might be adding this as a new play alongside NBIS
The premium is high so I would likely buy 1-200 shares and then start selling CSP here
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.