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Sleep Number Company | SNBR | Long at $6.99

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Sleep Number Company $NASDAQ:SNBR. Closed all existing open price gaps on the daily chart below its current rice. The overall downward trend is starting to flatten. They make all their products in the US and have minimal exposure to international markets (reduced risk around tariffs). Understandably, recession risks are high and such a company would be impacted. Plus, their debt is pretty high. This is a risky investment, but from technical analysis perspective, there could be a future rebound in the near-term. Thus, at $6.99, $NASDAQ:SNBR is in a personal buy zone.

Targets:
  1. $10.00
  2. $12.00
Transaction en cours
Target #1 reached for a 43% gain.
Trade fermée: cible de profit atteinte
Target #2 reached resulting in a +71.6% gain. Trade closed.
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consumergoodsEconomic CyclesmattressmattressessleepnumberSNBRSupport and ResistanceTrend Lines

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consumergoodsEconomic CyclesmattressmattressessleepnumberSNBRSupport and ResistanceTrend Lines
WorthlessViews
If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.