Ep 173: Ken Shreve: How To Buy Stocks With Bottoming Bases
Investing With IBD
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The Bottoming Base of Ollie's Stock
Ollie's had this phenomenal run after its IPO and then kind of went nowhere for years. The stock has done absolutely nothing wrong so you know I may decide to trim the position if it pulls back to a short term support level but at this point I could probably just wait for a test of the other 10 week line. That that 10 week moving average is still holding above the last by point so still looks good to me.
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