WINNEBAGO INDUSTRIES (NYSE:WGO) Breakout Swing Trading Idea
Last update: Aug 4, 2022
TRADING IDEA (Momentum Swing Trading Breakout)
Winnebago Industries, Inc. engages in the design, development, manufacture, and sale of motorized and towable recreation products. The company is headquartered in Eden Prairie, Minnesota and currently employs 6,532 full-time employees. Read the full profile here.
STRATEGY
Breakout Swing Trading Idea
- clean breakout during last trading session (+8.8%)
- strongly increased buying volume
- closing price above current daily resistance level
- long term trend just turned positive on weekly chart
Last earnings: 2022-06-22
Next earnings: 2022-10-18
ACTUAL SETUP
- Buy Stop | $63.21
- Limit | $63.30
- Stoploss | $57.48
- Target | first and second target area on weekly chart
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.
WINNEBAGO INDUSTRIES
NYSE:WGO (5/25/2023, 7:17:09 PM)
After market: 57.54 0 (0%)57.54
+1.89 (+3.4%)
WGO News
12 hours ago - Winnebago Industries, Inc.Barletta Pontoon Boats Extends Popular Customer Service Holiday Hotline for Entire Summer Boating SeasonEDEN PRAIRIE, Minn., May 25, 2023 (GLOBE NEWSWIRE) -- With one of the biggest boating weekends right around the corner, Barletta Pontoon Boats, a premium...
8 days ago - Seeking AlphaWinnebago declares $0.27 dividendWinnebago (NYSE:WGO) declares $0.27/share quarterly dividend, in line with previous.Forward yield 1.88%Payable June 28; for shareholders of record June 14; ex-div June 13.See WGO Dividend...
8 days ago - Winnebago Industries, Inc.Winnebago Industries Board of Directors Approves Quarterly Cash DividendEDEN PRAIRIE, Minn., May 17, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today...
8 days ago - InvestorPlaceThe 7 Growth Stocks You Need to Own Now for Maximum ReturnsIf you still want to stick around in the market for max returns, these growth stocks to buy should be intriguing for speculators.
9 days ago - Winnebago Industries, Inc.Winnebago Industries to extend partnership with the National Park Foundation to support historically excluded communitiesThree-year, renewed investment aims to advance outdoor equity and inspire new generations of outdoor enthusiasts through park programming
Three-year, renewed investment aims to advance outdoor equity and inspire new generations of outdoor enthusiasts through park programming...
14 days ago - Market News VideoNoteworthy Thursday Option Activity: C, CPRX, WGO
15 days ago - Winnebago Industries, Inc.Winnebago Brand and EcoFlow Partner to Elevate Outdoor RV Experiences and Off-Grid LivingThe relationship is part of ongoing effort by Winnebago and EcoFlow to deliver industry-leading innovation that improves access to clean, reliable power
The relationship is part of ongoing effort by Winnebago and EcoFlow to deliver industry-leading innovation that improves access to clean, reliable power...
15 days ago - Ecoflow Technology Inc.EcoFlow and Winnebago Partner to Elevate Outdoor RV Experiences and Off-Grid Living/PRNewswire/ -- EcoFlow, a leading power management and eco-friendly energy solutions company, and Winnebago, the flagship brand of outdoor lifestyle product...
