Double top pattern on the formation here. We broke through 64.75 on this gap down in the market completing the double top. A retest back toward 64.75 may not be a bad idea for a short. Place stops appropriately.
Comments
HAL9000
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Very clear and simple chart and idea. Thank you. Alternatively put collar ahead of earnings?
estevens11
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@HAL9000, I think this one plays out before earnings. I would look to exit before then.