FNKO – Bullseye Pick Of The Week

As you can see from the weekly chart, this is in a very bullish setup right now. 

I have no reason to believe that it will break down, but I am also preparing for that possibility.

How am I going to trade FNKO?

Buy FNKO Jul 15 2022 22.5 Call near $1.40

I am going to place my stop on this trade just under $21.

On the upside, I want to sell half around $25 (which has been previous resistance) and then save a piece in case it breaks out higher from there.

Stock Result