CASY

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Another overbloated retail stock that needs to go back to preCOVID levels.

Just one put contract for earnings, a kicks and giggles bet. Gasoline prices are gonna impact store sales.
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Beat by a penny, revenue in line

The waning signs are all there though, rising costs, lower margin. Probably just moves down with the market, wasn't bad enough for a gap down but at the same time there's no reason to pump this any more.
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People keep asking me for long term plans, try July puts. Premium isn't too bad, and this is headed down.
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Bounced off the $195 support which also happens to be the 200DMA, if it breaks that then it's toast.

If you're skittish you can wait until it breaks...
CASYChart PatternsTechnical Indicators

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