|Day Low/High||12.06 / 12.83|
|52 Wk Low/High||4.61 / 41.59|
Market timers are likely to remain frustrated as they are focused on the wrong issues.
But I like the opportunity for a speculative long as well as a nice balance against other positions that could drop if Covid increases.
The initial target here is $16 with a secondary target of $17.50 on this breakout, with a time frame of a month or less.
This Friday is the rebalancing of the Russell indices, usually one of the highest volume days of the year.
I wouldn't look at Alkaline Water and Sprouts Farmers Market for a trade, but as speculative buy 'em and forget 'em for the summer.
For traders, it may be time for you to embrace the sloppy seconds on the trading and scalping side.
The big push for Alpha Pro Tech has been N95 masks, which we know are in huge demand, and here's a trade in the name right now.
Once again, there is no urgency to build long term positions.
If this group begins to outperform, then I'd use it as an indication of caution.
Check out just a few of the year-to-date moves coming into Thursday on 8 companies you've never heard of before the last week or two.