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	Comments on: CWH Camping World Trade Idea	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: flyby		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8556</link>

		<dc:creator><![CDATA[flyby]]></dc:creator>
		<pubDate>Sat, 09 Nov 2019 06:29:43 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8529">krink</a>.</p>
<p>Yes the RV moving/hauling brokers are begging all drivers to come in because they are so swamped with loads. Some drivers who may only do one or 2 a month ain&#8217;t enough to haul the demand. There have been times in the past when my friend struggles to get a load but not in quite a while.</p>
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		<title>
		By: artc		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8537</link>

		<dc:creator><![CDATA[artc]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 16:39:59 +0000</pubDate>
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			<content:encoded><![CDATA[<p>Took CLVS at 5.32</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8536</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 16:38:30 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8532">Dan</a>.</p>
<p>I wish I had bought at $8 although I can say that I wouldn&#8217;t have as I couldn&#8217;t make a case to go long at 8. I was watching the stock in premarket to see how it would trading following last night&#8217;s earnings (which initially knocked it down as low as 7.25) but no matter what it did, I wasn&#8217;t going to take it until/unless it broke above 10.14 to clearly take out that resistance level.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8535</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 16:31:48 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8528">flyby</a>.</p>
<p>I just finished a video in which I covered about a dozen or so stocks within the Recreational Vehicles sector, although that sector also includes motorcycles (HOG), UTV&#8217;s (Polaris &#038; BRP, maker of SkiDoos &#038; SeaDoos) as well as boat manufacturs such as MPXX &#038; MBUU). Overall, the sector looks bullish. Video uploading now.</p>
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		<title>
		By: Dan		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8532</link>

		<dc:creator><![CDATA[Dan]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:37:45 +0000</pubDate>
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			<content:encoded><![CDATA[<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> Did you buy at 8 or are you buying at 10 after the pop?</p>
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		<title>
		By: ds2000		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8531</link>

		<dc:creator><![CDATA[ds2000]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:35:43 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8530">rsotc</a>.</p>
<p>Thank you!</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8530</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:27:00 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8526">ds2000</a>.</p>
<p>I&#8217;d be glad to expand on my reasoning for the trade here as most of the reasons are pretty much contained on that chart above.<br />
CWH recently broke out above a very well-defined nearly 2-yr <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line after putting in large positive (bullish) divergences at the recent lows in Sept. I held off on posting it when it broke above the downtrend line on Oct 28th for 3 reasons:<br />
1) The breakout was far from impulsive. Ideally, you want to see impulsive buying on 1.5X or better the average volume on a breakout to confirm it. Breakouts that occur on muted price action and/or average to below-average volume have a higher rate of failure that impulsive breakouts that occur on 1.5x or better volume.<br />
2) The breakout came just before the companies earning report. Taking a breakout shortly before a company reports run a very high risk of being caught on the wrong side of a big gap, should the earnings report catch most traders off guard.<br />
3) Even if both 1 and 2 weren&#8217;t reasons to hold of, I wouldn&#8217;t have taken an impulsive breakout above the downtrend line at least not until that very significant gap resistance level just above 10.00 was taken out (i.e.- that&#8217;s what I refer to as the <abbr class='c2c-text-hover' title='Benefit Of The Doubt (support or resistance)'>BOD</abbr> or &#8216;benefit of the doubt&#8217; resistance level&#8230; always best to wait for the 2nd of two R level in close proximity to be taken out before establishing a position).</p>
<p>I&#8217;ve also been struggling to find attractive <abbr class='c2c-text-hover' title='Growth &amp; Income Trades are longer-term swing trade or investments candidates expected to generate an above average dividend yield &amp; capital appreciation.'>Growth &#038; Income trade</abbr> ideas (stocks that both pay a decent dividend and also have above-average growth potential along with bullish looking charts &#038; a well-defined, objective level/buy-trigger in which to go long).</p>
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		<title>
		By: krink		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8529</link>

		<dc:creator><![CDATA[krink]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:25:06 +0000</pubDate>
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			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8528">flyby</a>.</p>
<p>Is that recent? There were so many articles out about 6 months ago from RV dealers and manufacturers were getting crushed with low sales.</p>
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		<title>
		By: flyby		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8528</link>

		<dc:creator><![CDATA[flyby]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:17:05 +0000</pubDate>
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			<content:encoded><![CDATA[<p>FWIW, a friend who hauls campers for a living from Indiana to across the country says sales are incredible. It looks like retirees are opting to downsize into RVs rather than smaller homes and condo&#8217;s. Makes sense.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cwh-camping-world-trade-idea/#comment-8527</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 08 Nov 2019 15:10:27 +0000</pubDate>
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			<content:encoded><![CDATA[<p>Along with CWH, CLVS (a biotech stock) is another setup that I had on my watchlist as potential long trade ideas but waiting for earnings to be out of the way (both reported yesterday). I wasn&#8217;t able to get CLVS posted today before it ripped after the open to hit my first price target although a break above 5.07-5.10 should open the door to my next two targets.</p>
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