WGO to soften with earnings on 21 Mar; But how bad?

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WGO to soften with earnings on 21 Mar; But how bad?

Asphen
03-17

Price Update (17 Mar 2024)

- WGO had fallen (about 11%) in sympathy with THOR etc past weeks

- Earnings on 21 Mar will further put a dent into WGO recovery with a guidance towards weakness

- But where will it go?

- Trend channel points to a support around 62

- Bear flag extension points to 62 also but a super bearish extension goes to 55

- The higher rates for longer will impact the recovery of WGO

Bull Case

- It fills gap up to 66 (50%) and full gap fill of 68

Bear Case

- Earnings negative reaction brings it to test 62 with a further softening to 58 or 55 where base is found

My plays

- Cost base of 55 in shares and puts strikes 62 and 58

- Accumulation of more is set at 55

Good luck, all

WGO Daily - 17 Mar 2024

@melson @TigerStars @macroB @CaptainTiger @Deposit

$Winnebago(WGO)$

# 💰 Stocks to watch today?(15 Nov)

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melson
·03-17
TOP
retracing fast and furious
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- Asphen:
  yeah... After poor performance from thor etc.
  
  but great opportunity yay! 😉
  03-17
  Reply
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Deposit
·03-18
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this is good thank you
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- Asphen:
  yay!
  03-18
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- Trend channel points to a support around 62 - Bear flag extension points to 62 also but a super bearish extension goes to 55 - The higher rates for longer will impact the recovery of WGO Bull Case - It fills gap up to 66 (50%) and full gap fill of 68 Bear Case - Earnings negative reaction brings it to test 62 with a further softening to 58 or 55 where base is found My plays - Cost base of 55 in shares and puts strikes 62 and 58 - Accumulation of more is set at 55 Good luck, all WGO Daily - 17 Mar 2024 @melson @TigerStars @macroB @CaptainTiger @Deposit $Winnebago(WGO)$","highlighted":1,"essential":1,"paper":2,"likeSize":23,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/285299120963888","repostId":0,"isVote":1,"tweetType":1,"viewCount":868,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["WGO"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":634,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":285378180727096,"commentId":"285378180727096","gmtCreate":1710678595438,"gmtModify":1710678602948,"authorId":4123471905369072,"author":{"id":4123471905369072,"idStr":"4123471905369072","authorId":4123471905369072,"name":"melson","avatar":"https://community-static.tradeup.com/news/fe7079b4776e26217c92d8df6830df10","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":5,"allocatedDate":"2022.12.12","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":285299120963888,"objectIdStr":"285299120963888","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"retracing fast and furious","text":"retracing fast and furious","html":"retracing fast and furious","likeSize":1,"commentSize":1,"subComments":[{"id":285379848159464,"commentId":"285379848159464","gmtCreate":1710678986115,"gmtModify":1710678991382,"authorId":3576339097425722,"author":{"id":3576339097425722,"idStr":"3576339097425722","authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":285299120963888,"objectIdStr":"285299120963888","type":1,"supId":285378180727096,"supIdStr":"285378180727096","prevId":0,"prevIdStr":"0","content":"yeah... After poor performance from thor etc. \nbut great opportunity yay! 😉","text":"yeah... After poor performance from thor etc. \nbut great opportunity yay! 😉","html":"yeah... After poor performance from thor etc. \nbut great opportunity yay! 😉"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":285561767923832,"commentId":"285561767923832","gmtCreate":1710723312598,"gmtModify":1710723316419,"authorId":3577700186071729,"author":{"id":3577700186071729,"idStr":"3577700186071729","authorId":3577700186071729,"name":"Deposit","avatar":"https://community-static.tradeup.com/news/755d4c9154e36e706401c15b014f3aea","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":285299120963888,"objectIdStr":"285299120963888","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"this is good thank you","text":"this is good thank you","html":"this is good thank you","likeSize":1,"commentSize":1,"subComments":[{"id":285561671925992,"commentId":"285561671925992","gmtCreate":1710723376684,"gmtModify":1710723380192,"authorId":3576339097425722,"author":{"id":3576339097425722,"idStr":"3576339097425722","authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":285299120963888,"objectIdStr":"285299120963888","type":1,"supId":285561767923832,"supIdStr":"285561767923832","prevId":0,"prevIdStr":"0","content":"yay!","text":"yay!","html":"yay!"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}