Long Position on LAUR @ $14.40 on 4/10/2017 (Momentum)

Bullish Cup & Handle on LAURLaureate Education, Inc. (LAUR) provides higher education programs and services to students through universities and higher education institutions.

It operates through four segments: LatAm, Europe, AMEA, and GPS.

The LatAm segment consists of campus-based institutions that provide undergraduate and graduate degree programs; and offers online and hybrid courses and programs.

The Europe segment provides professional-oriented undergraduate and graduate degree programs.

The AMEA segment offers professional-oriented undergraduate and graduate degree programs.

The GPS segment manages hospitality and culinary institution, which serves students seeking undergraduate and graduate degrees, particularly in the fields of hospitality, art and design, culinary, and health sciences.

Shares of this recent IPO have formed a bullish "cup and handle" and are expected to head higher out of this formation.

 

52-Weeks Trading Range: $12.12 - $14.56

Entry Point: $14.40

Stop Loss: $13.65

Target Price: $15.85

Updates

5/4/2017 11:24:22 AM

LAUR closed at $13.00

Position closed on 5/4/2017 at price of $13.00 with a -9.72% loss in 24 days.

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