In today’s Super Seasonals: Trade of the Week we will look at Freshpet, Inc (FRPT).
Freshpet, Inc. engages in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. Its products are blends of fresh meats, vegetables and fruits farmed locally and made at Freshpet kitchens.
Below is the seasonal pattern that the software has found over the next 2 ½ trading months…
Below is a look at the past 5-10 years of the seasonal pattern…solid High Points.
Below is a chart with support and resistance pivot breaks, and support and resistance channels, or areas of potential interest. Current near-term Support is in the $139.50 to $144.50 area. Current near-term Resistance is in the $159 to $161 area.
As you likely know, there are literally dozens of solid ways to approach trading Freshpet, Inc (FRPT) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember to fully understand the risk before trading anything. It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals.
Trade Smart,
Chad Shirley
