Long Position on SFIX @ $34.20 on 7/19/2018 (Momentum)

Stitch Fix, Inc. (SFIX) sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States.

It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men and women under the Stitch Fix brand.

The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. 

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

52-Weeks Trading Range: $14.48 - $35.45

Entry Point: $34.20

Stop Loss: $32.25

Target Price: $37.62

Updates

8/24/2018 1:35:06 PM

SFIX closed at $38.10

Position closed on 8/24/2018 at price of $38.10 with a 11.40% gain in 36 days.

Back to Portfolio