Jun. 5 at 3:08 AM
$UNF – THU: BUYING (1/3) @
$272.07
10:14 AM – Starting a 1/3 position in UNF as the stock breaks out this morning. This is primarily a technical-based buy, as the fundamentals do not align as closely with my normal guidelines. However, the breakout action and price strength are sufficient to warrant an initial position.
James’ Trader’s Tip: Not Every Buy Has to Be Perfect
• Trading is about probabilities, not perfection.
• Occasionally a stock will check more boxes on the technical side than the fundamental side.
• When price and volume are sending a clear signal, an initial position can be justified while you continue to monitor the story.
https://buyingbreakouts.com/thu-6-4-unf-buying-1-3-272-07/
