Binary earnings play on Noah Holdings

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NOAH             looks set to challenge resistance again. With earnings scheduled for Feb 25 I figure either it blows past resistance this time or plummets once more. My money's on the bullish case. I'd put my stop around $21.50.
Medium term target $32 for this rapidly growing Chinese wealth management company.
I have been holding onto this one for dear life as it twisted and turned but it has broken nicely to the upside now and nearing my medium term target already.
Well it has certainly been volatile and earnings haven't even been announced yet ! At this stage I like a small flutter on the March $20 (long) straddles to try to collect movement in either direction. Expiry will be just a few days after the new scheduled announcement of earnings on the 16th March.
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