FIGS - Multibagger potential

7 Des 2023

• Fundamentals look incredible. Chart is setting up nicely with a nice bottom formation in progress.
  
• I have started to notice FIGS outfits at more healthcare facilities. A new trend might be on the rise and it could propel this company to a billion club. Current valuation is too cheap I think. This could well be next CROX
• No position yet, but I will add some for my long term account.
  

8 Des 2023

Catatan

Looks for any tightening here for break out of this pattern here

19 Des 2023

Trade aktif

Nice big bullish candle just at the pennant support. will raise the stop to 7 now.

22 Des 2023

Trade aktif

Backtest of 7.5 likely tomorrow on the heels of NKE ER. If it holds, next target will be 10.

29 Des 2023

Trading ditutup: stop tercapai

I got out yesterday for a breakeven. I did not like the weakness yesterday around the pennant trendline support. There are better set ups available in terms of risk/reward. Will enter as it builds on the daily for continuation.