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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (66464)	7/27/2022 2:02:22 PM
From: Jacob Snyder	2 Recommendations Recommended By ajtj99 towerdog Read Replies (2) \| Respond to of 97462

UL: upmoves on good news don’t last during bear markets. schrts.co Any move above the narrow 20dsma +/- 3% channel, is a sell signal. Sold some at 48.5, will sell more in the unlikely event it keeps going up. Buy back at 43.5. Slowly, steadily reducing my cost basis. The good news: they increased prices 11% YOY, and only suffered a 2% decline in unit sales. That shows they have pricing power. Companies without pricing power in a high-inflation economy, will do poorly.