Long Position on BOOT @ $15.90 on 12/21/2017 (Momentum)

Boot Barn Holdings, Inc. (BOOT) operates specialty retail stores in the United States.

The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, ladies, and kids.

It offers boots, shirts, jackets, hats, belts and belt buckles, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.

The company also provides gifts and home merchandise. As of June 6, 2017, it operated approximately 219 stores in 31 states.

The company also sells its products through e-commerce Websites, including bootbarn.com, sheplers.com, and countryoutfitter.com. Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.

52-Weeks Trading Range: $5.90 - $16.20

Entry Point: $15.90

Stop Loss: $15.05

Target Price:  $17.49

Updates

12/27/2017 10:53:42 AM

BOOT closed at $17.50

Position closed on 12/27/2017 at price of $17.50 with a 10.06% gain in 6 days.

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