3min chapter

Investing With IBD cover image

Ep 173: Ken Shreve: How To Buy Stocks With Bottoming Bases

Investing With IBD

CHAPTER

The Overhead Supply of Grocery Outlet

The weekly chart on grocery outlet here and you know for a while there the action on this was was just really I mean like going back to 2020 and 2021 it seemed like every time it was making progress on earnings report would come out. As soon as it crossed above that 40 week moving average line it just felt like there was all of this overhead supply so is there a time period in which you know what I'm not as bothered by that overhead supply anymore or is that something that you're always taking a look at?

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