Due to the strong Beta of Yeti (2.96 [Stock moves 2.96x as fast as avg of market direction), expect a rip up if the "santa claus" rally truly takes off.
Volume is indicative of a move north, in addition to the clear consolidation, and break through upward channel price of $37.75.
YETI's expansion into international markets and their continued uptrend make for both a great swing trade in addition to a long position in the company.
As always...DYOR
Volume is indicative of a move north, in addition to the clear consolidation, and break through upward channel price of $37.75.
YETI's expansion into international markets and their continued uptrend make for both a great swing trade in addition to a long position in the company.
As always...DYOR
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