Who wants to $PRTY for Halloween Earnings ? Spooky season is coming up & with it approaching rapidly also comes the opening of those Spirit Halloween stores that seemingly pop up out of nowhere. $PRTY is a seasonal stock because they earn most of their money during the halloween season. With the stock trading at near 2020 lows again we could potentially realize some serious upside after the company reports their Halloween (November) earnings. I put some ghost bars on the chart to resemble the past aug-nov 2020 price action, if the pattern follows the exact same price action then we should settle at about $1.40 right before the November earnings. I am going to be patient with this play and if it fits the 2020 h&s pattern pre-earnings then it's game on! Happy Trading!
