When it comes to picking stocks to Long, I tend to prefer the ones that gap up on earnings and keep hitting 52-week highs. LW is doing just that: hitting new highs, gap up on earnings and a nice, continued, uptrend with the 50-Day SMA steadily above the 200-Day SMA.
Would enter here @ 102 risking with a stop @ 91.8 and a 10% profit margin @ 112.
Could take months: key is to be patient.
Would enter here @ 102 risking with a stop @ 91.8 and a 10% profit margin @ 112.
Could take months: key is to be patient.