RCII breakout in progress

11 окт. 2019 г.

The whole market looks bullish today due to optimism that China and the US are about to strike an interim trade deal, so this breakout in Rent-a-Center may not actually mean anything. But if it closes a couple green bars above the parallel channel, it could be worth a buy. RCII has great fundamentals and is a good long-term hold.

11 окт. 2019 г.

Заметка

So far holding above the channel.

1 янв. 2020 г.

Сделка закрыта: достигнута тейк-профит цена

RCII is back at a reasonable valuation. It may well have some room to move higher, but I think there are better opportunities elsewhere in the market now.