FollowMyTrades

$GRUB - Grubhub Inc - Possible long

NYSE:GRUB   None
1
Looking at a long position in $GRUB from $36 which coincides with the 200MA. I will only enter subject to the price action and volume at that price. I want to see some rejection from $36 with decent volume.

Price is oversold on the RSI and Stoch. Price has dipped since earnings but IMO still has strong fundamentals behind it.

Target $44.

One to keep an eye on.
Komentar:
In at $36.
Komentar:
Stop at $33

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