You've heard about GameStop ($gme), now take a look at $tup.
Tupperware Brands Corporation, trading at 6.51$ a share on the Friday close, with an history of down-gaps after earnings plays.
Down over 93.11% from the highs, $tup has definitely taken a beating from its peak Christmas '13, but I'm betting on a big reversal here.
Daily chart shows two gaps on chart, 15.54 and 17.82, first targets for this position.
Three solid points on a down diagonal trend for support and over-all oversoldness, I will become a titan of Tupperware industry.
Top target at 83.85$.
Stop at 5.61.
Tupperware Brands Corporation, trading at 6.51$ a share on the Friday close, with an history of down-gaps after earnings plays.
Down over 93.11% from the highs, $tup has definitely taken a beating from its peak Christmas '13, but I'm betting on a big reversal here.
Daily chart shows two gaps on chart, 15.54 and 17.82, first targets for this position.
Three solid points on a down diagonal trend for support and over-all oversoldness, I will become a titan of Tupperware industry.
Top target at 83.85$.
Stop at 5.61.