GPK
GPK ToppingTextbook RSI Divergence complemented by a head & shoulders pattern.
Put options currently hold the risk of being practically illiquid, though the potential returns are substantial were this to change.
07/2023 Price Target: $10.5
My Sole Opinions & Analysis.
Graphic Packaging Holding Company - $GPK - Quick Dip SwingWatching $GPK for significant increase after the $0.02 ER miss. I'm considering the dip qualified since it holds far below the 255 day linear regression 1x stddev bar.
Their Revenue was in-line and the miss on earnings was rather small. I'm looking for a push up to at least my Price Target of $14.80.
I purchased $15 6/15 calls on 5/14 and expect to sell at my PT.
I don't expect major catalysts / news from these guys, I'm just looking to swoop this dip with a little bit of leverage.
