Yesterday I picked up some shares of Lifeway Foods, Inc., which trades under the ticker LWAY. LWAY has presented strong technical performance recently, so after reviewing their chart I decided to buy some shares. I don’t plan to hold them long, but do still see some room for them to run to add to yesterday’s profits.
LWAY stock closed for trading at $7.45/share on 9/15/2020.
LWAY Price: $7.45
10 Day Moving-Average: $5.22
50 Day Moving-Average: $3.82
200 Day Moving-Average: $2.63
While I intend to just trade this for now, there may be a move to invest for the longterm in the business upon a market pullback.
*** I Currently Own Shares Of LWAY Stock ***