Long Position on BOOT @ $29.35 on 8/31/2018 (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, women, and kids.

It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, 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 August 7, 2018, it operated 232 stores in 31 states. Boot Barn Holdings, Inc. 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.

Entry Point: $29.35

Stop Loss: $27.85

Trading Range: $7.37 - $30.26

Target Price: $32.29

Updates

3/14/2019 3:45:51 PM

BOOT closed at $27.25

Position closed on 3/14/2019 at price of $27.25 with a -7.16% loss in 195 days.

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