Jun. 24 at 1:27 AM
$YETI is firing on all cylinders, recently tagging a new 52-week high at
$51.89. The technicals show a clear retest of the breakout from the long-term trend, backed by four consecutive quarters of earnings beats and massive wholesale demand. Whether this is a textbook retest or the start of a new leg higher depends on the sustainability of the bag/international expansion, but the momentum is undeniable. #hovdid
🐂 Bull Level: Hold
$48.50 to confirm the breakout and push toward the
$55.00 analyst targets.
🐻 Bear Level:
$45.00 must hold as the primary support; a breach here risks a deeper retest of the consolidation zone.
#YETI #ConsumerCyclical #GrowthStocks #Trading #hovdid
