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The_Shill_Pickle

Good time to buy FRED? Channel Support + Gap Down

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The_Shill_Pickle  
NASDAQ:FRED   None
Trend Analysis Parallel Channel Trend Lines Federal Reserve Economic Data dividend Earnings
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0
trendanalysis parallelchannel trendline fred dividend earnings
I like this setup. Good R/R. Entry around $5.75 stop loss around $5.50-5.60 - depending on position size and pain tolerance. NASDAQ:FRED is a solid company with descent dividends and call options look super cheap at the moment. A good a bet as any, especially with those gaps around $2.50. That would be my first target.


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The Shill Pickle
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