Panjang
Range trading with upside breakout potential.
Technically Speaking
A clear range has formed since September of 2015, roughly 26-35. Price is near the bottom of the range as this goes to publish(28.93). A simple strategy would be to buy 26, sell 35.
I would however like to point out that above 35/36, supply is very thin until the 58 handle.
Fundamentals
The most important variable I handicap for when analyzing a stock is the likelihood I will LOSE all my money, not volatility. Even though I am a "technical" trader, I do like to try to estimate the probability of a position going to zero. This usually happens via bankruptcy or the companies products become obsolete, think Blackberry.
You can view the companies fundamentals https://here-https://www.google.com/finance?q=NASDAQ%3AWFM&fstype=ii&ei=Aq7-V4nBIdrmeqKBuIgO
Bottom Line
To me, buying at the bottom of the range, stopping out on a weekly close below 28. You could either take profits at the top of the range, if it gets there, or hold. The biggest gains, I have found, come from holding trades. I would hold for a break above 35 and see what happens. You could always move your stop to b/e or lock in profits.
A clear range has formed since September of 2015, roughly 26-35. Price is near the bottom of the range as this goes to publish(28.93). A simple strategy would be to buy 26, sell 35.
I would however like to point out that above 35/36, supply is very thin until the 58 handle.
Fundamentals
The most important variable I handicap for when analyzing a stock is the likelihood I will LOSE all my money, not volatility. Even though I am a "technical" trader, I do like to try to estimate the probability of a position going to zero. This usually happens via bankruptcy or the companies products become obsolete, think Blackberry.
You can view the companies fundamentals https://here-https://www.google.com/finance?q=NASDAQ%3AWFM&fstype=ii&ei=Aq7-V4nBIdrmeqKBuIgO
Bottom Line
To me, buying at the bottom of the range, stopping out on a weekly close below 28. You could either take profits at the top of the range, if it gets there, or hold. The biggest gains, I have found, come from holding trades. I would hold for a break above 35 and see what happens. You could always move your stop to b/e or lock in profits.
Nota
Whole Foods is still trading a $28-35 range. I am still biased to the long side. A move under 26 would have me re-think my position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.