optionsswing

$STAA Bull Flag and Bullish MacD

Long
NASDAQ:STAA   STAAR Surgical Company
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7
  • $STAA has been consolidating after breaking an ATH .


  • Good for a long on a break and hold of 132. Watch volume on the daily, Need a follow through for confirmation.


  • Technicals: Bull flag and bullish MacD .

  • Trade Active

-Daniel Betancourt, OptionsSwing Analyst
Trade active: Target one has been reached. Some consolidation on inside candles which have formed a bull flag that looks to breakout soon. Next Target up is 153 and then 168.

Comments

Great chart and analysis. But this is not really suitable for options play, very low open interest and volume. Do you recommend buying actual stocks?
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optionsswing Tnavamala
@Tnavamala, Low liquidity players like STAA traders should tend to contracts with plenty of time. Options 4 months out and equity looks good.
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Tnavamala optionsswing
@optionsswing, gotchu!! Thank you for the insight
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