Long Position on YETI @ $17.80 on 11/21/2018 (Momentum)

Yeti Holdings, Inc. (YETI) designs, markets, and distributes products for the outdoor and recreation market under YETI brand in the United States.

The company's products are designed for use in a various outdoor activities, including recreational and professional pursuits targeting various categories, including hunting, fishing, camping, barbecue, farm and ranch activities, and others.

It offers coolers and equipment, including hard coolers, soft coolers, and associated accessories; and drinkware under Rambler brand, as well as hats, shirts, bottle openers, and ice substitutes.

The company distributes its products through independent retailers, including outdoor specialty, hardware, farm and ranch supply stores, and others, as well as through website. 

Shares of this recent IPO are about to breakout of their bullish consolidation formation.

Entry Point: $17.80

Stop Loss: $16.90

Trading Range: $14.62 - $18.25

Target Price: $19.60

Updates

12/28/2018 1:19:41 PM

YETI closed at $14.35

Position closed on 12/28/2018 at price of $14.35 with a -19.38% loss in 37 days.

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