4min chapter

Investing With IBD cover image

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

Investing With IBD

CHAPTER

Grocery Outlet's Breakout on the Daily Chart

Grocery outlet tracked in the same industry group as Ollie's by the way. I bought actually both stocks on the same day June June 16 so when I saw after the 10 week line I said you know this stock is really showing relative strength. Pullbacks to short term support levels like the 21 day can be a viable entry in my view and that's what I did with grocery outlet.

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