Had to go all the way out to the monthly to find resistance. Sick move and an awesome close on this one today. See how it acts next week. Should pullback and if it does that and bases out I would think it goes higher.
Comments
CH44
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I hope so it goes up this week because i bought the stock at 29.30 and I bought the option strike 30
CH44
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Hey how are you?
I really would like to know what is your opinion for MS, I bought it 29.35
JPMorgains
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Nice earnings beat. It needs to get above 30 and hold and it would be bad to go below 28. Really it depends on what all the other financials and overall markets are doing. Watch XLF etc to see the overall direction but again it all depends on what happens with the big picture in the economy and financial markets in my opinion. From the looks of things though we are either about to break out again or it could be a blow off top. Be careful is the main point as always haha and take the gains when you have them.