AMERICOLD REALTY TRUST INC. (NYSE:COLD) momentum breakout alert!

TRADING IDEA (Momentum Breakout)

Americold Realty Trust Inc. is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

1. clean breakout during last trading session (+2.8%)
2. increased buying volume
3. closing price higher than $30.77 (latest resistance)
4. first higher low and second higher high on the weekly chart
   

Last earnings: 2022-05-05

Next earnings: 2022-08-03

ACTUAL SETUP

• Buy Stop | $31.06
• Limit | $31.16
• Stoploss | $29.44
• Target | Hold between 2 - 5 days
  
  

ADDITIONAL INFO/TIPS

• Use our ChartMill Postion Sizing Tool to calculate the maximum number of shares you can buy, depending on your available capital!
• Why using Stop Limit Orders?

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.