Long Position on GOOS @ $35.45 on 4/25/2018 (Momentum)

Canada Goose Holdings Inc. (GOOS) designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally.

The company operates in two segments, Wholesale and Direct to Consumer.

It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

The company sells its products through online retailers and distributors; and its e-commerce sites and retail stores. From Antarctic research facilities and the Canadian High Arctic, to the streets of New York, London, Milan, Paris, and Tokyo, people are proud to wear Canada Goose products. Employing more than 2,000 people worldwide, Canada Goose is a recognized leader for its Made in Canada commitment, and is a long-time partner of Polar Bears International.

Shares are heading higher in an upward trading channel. The formation is supported by the stock's 50-day moving average.

Entry Point: $35.45

Stop Loss: $33.65

52-Weeks Trading Range: $15.84 - $38.25

Target Price: $39.00

Updates

5/18/2018 10:05:20 AM

GOOS closed at $40.70

Position closed on 5/18/2018 at price of $40.70 with a 14.81% gain in 23 days.

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