norok
Short

Skechers light on its feet to Resistance

NYSE:SKX   SKECHERS U.S.A. INC
SKX
22 0 2
skx
SKX             today had unusual Call Volume . Some traders are betting on this going up.

The long term action on Monthly and Weekly is showing this stock to be bearish . The move today brought the stock up to Daily resistance. I'm looking to test this resistance with short term JUL 16 29 Puts, holding them for just a few days, to see if this is the top of the move up. If it holds the resistance I'll be looking to take longer term bearish Put Options through earnings .
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