By Licia Leslie
January 24, 2025
Hi Shoppers,
Portillos (Ticker: PTLO) has made a triple bottom on support and is bull flagging at resistance:
The stock is consolidating gearing up for its next leg higher to $13.90.
The Feb21 12 calls are a nice play to ride the stock higher:
I would use a 30% loss on my options entry price for my stop loss.
Trade Review
I still like Walmart (Ticker: WMT) to trade $96.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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