I believe HSIC is almost done consolidating. It's hard to tell on a weekly or daily chart , but I can see by Dec (but hopefully sooner) it should be ready for another move higher.
I will have to look at a possible way to play this Wednesday.
I will have to look at a possible way to play this Wednesday.
Note
Bought the Dec17 85c for .49. May add the 90c as a short later.Note
This may take some time. But that's why I bought the Dec call. If it pulls back to low 76 area, I'll add more.Note
Bullish engulfing candle today. Lets see if it can confirm tomorrow.Disclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.