Long Position on LOGI @ $89.75 on 12/14/2020 (Momentum)

Logitech International S.A. (LOGI), through its subsidiaries, designs, manufactures, and markets products that helps people connect to digital and cloud experiences.

The company offers pointing devices, such as wireless mouse and trackball; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices.

It also provides keyboards, mice, headsets, and simulation products, such as steering wheels and flight sticks for gamers; video conferencing products, and controllers for video conferencing room solutions; portable wireless Bluetooth and Wi-Fi speakers, PC speakers, PC headsets, in-ear headphones, and wireless audio wearables; home entertainment controllers for smart home devices comprising lighting, thermostats and door locks, and home security cameras.

The company sells its products through a network of distributors, retailers, and e-tailers under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Ultimate Ears, Jaybird, and Blue Microphones brands. Its channel network includes consumer electronics distributors, retailers, mass merchandisers, specialty stores, computer and telecommunications stores, value-added resellers, and online merchants.

Entry Point: $89.75

Trading Range: $31.37 to $95.71

Stop Loss: $85.25

Target Price: $98.75

Updates

12/29/2020 12:53:50 PM

LOGI closed at $96.50

Position closed on 12/29/2020 at price of $96.50 with a 7.52% gain in 15 days.

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