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Hawk’s Nest

Small Cap Consumer Pet Food Name Sees Bullish Trades Near Lows

by | Aug 23, 2022

Freshpet (FRPT) up 3% today after recent weakness post earnings and seeing buyers of 1300 November $50 calls at $4.80. Has 11% short float that could ignite a rally back over the 47 level if can close back inside monthly value area with potential upside to 53 short term and eventual gap fill near 55. Using a closing stop under this weeks low at 43.50 would be ideal.