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WINNEBAGO INDUSTRIES (NYSE:WGO) Breakout Swing Trading Idea

By Kristoff De Turck

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

  1. clean breakout during last trading session (+8.8%)
  2. strongly increased buying volume
  3. closing price above current daily resistance level
  4. 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

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.

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WINNEBAGO INDUSTRIES

NYSE:WGO (4/18/2024, 7:04:00 PM)

After market: 61.28 0 (0%)

61.28

+0.14 (+0.23%)

WGO News

News Image9 days ago - Winnebago Industries, Inc.Grand Design RV Announces First Motorized RV, ‘Lineage’ Class C
News Image9 days ago - Winnebago Industries, Inc.Grand Design RV Announces First Motorized RV, ‘Lineage’ Class C

MIDDLEBURY, Ind., April 10, 2024 (GLOBE NEWSWIRE) -- Grand Design RV has announced that their highly anticipated entrance into the motorized category...

News Image16 days ago - Winnebago Industries, Inc.Newsweek Magazine Names Winnebago Industries as One of the Most Trustworthy Companies in America 2024
News Image16 days ago - Winnebago Industries, Inc.Newsweek Magazine Names Winnebago Industries as One of the Most Trustworthy Companies in America 2024

EDEN PRAIRIE, Minn., April 03, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries (NYSE: WGO), a leading outdoor recreation product manufacturer, has been...

News Image23 days ago - Market News VideoStrategy To YieldBoost Winnebago Industries To 9.8% Using Options
News Imagea month ago - The Motley FoolWinnebago Industries (WGO) Q2 2024 Earnings Call Transcript

WGO earnings call for the period ending December 31, 2023.

News Imagea month ago - InvestorPlaceWGO Stock Earnings: Winnebago Industries Beats EPS, Misses Revenue for Q2 2024

WGO stock results show that Winnebago Industries beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

News Imagea month ago - BusinessInsiderWGO Stock Earnings: Winnebago Industries Beats EPS, Misses Revenue for Q2 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Winnebago Industries (NYSE:WGO) just reported results for the second quarter of...

News Imagea month ago - Winnebago Industries, Inc.Winnebago Industries Reports Second Quarter Fiscal 2024 Results
News Imagea month ago - Winnebago Industries, Inc.Winnebago Industries Reports Second Quarter Fiscal 2024 Results

-- Delivers Solid Gross Margin of 15.0% Demonstrating Strength of Product Diversification andVariable Cost Structure -- -- Completes $350 Million...

News Imagea month ago - Market News VideoNoteworthy Wednesday Option Activity: IRON, CRNX, WGO
News Imagea month ago - Winnebago Industries, Inc.Winnebago Industries Board of Directors Approves Quarterly Cash Dividend

Winnebago Industries has paid a quarterly dividend for 39 consecutive quarters

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