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Swing Strategies Sample Report

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7/2/2024 3:30:26 PM Eastern Time

We are going long (ALKT) @ $30.28
By Charles Payne, CEO & Principal Analyst

Long Idea: Alkami Technology, Inc. (ALKT) @ $30.28
Industry: Technology; Application Software
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Trading Parameters
Status	Closed
Entry Price	$30.28
Entry Limit	see comments
Stop Loss	$28.77
Target	$33.30
Adjusted Stop	$30.28

SKINNY: We are going long Alkami Technology, Inc. (ALKT) in the Swing model portfolio at the market. Shares broke through the 50 MA last week on strong volume. Today the stock continues to head higher on strong volume. We are looking for a move to $31.79, then $33.30, and using $28.77 as the stop loss. No Options - the spread is too wide.