GOOS (Canada Goose Holdings Inc) will be added as an official Active Long Swing Trade idea around current levels on this breakout above the symmetrical triangle pattern on this daily chart.
GOOS daily Oct 28th
The price targets for this trade are T1 at 46.87 & T2 at 54.52 with a suggested stop of 36.85. The suggested beta-adjusted position size for this trade is 0.90, or about 9/10ths of a typical position size to account for the above-average volatility on this stock.
GOOS is scheduled to report earnings on or around November 13th which only gives this trade just over 2-weeks to either hit the first target or one will have to decide whether to hold or fold the position before earnings as the risk of a large opening gap for or against a position is a very real possibility. As such, pass if this type of trade does not mesh with your particular risk tolerance, objectives and/or trading style.