NYSE:YRD   YIRENDAI LTD AMERICAN DEPOSITARY SHARES, EACH REPRESENTING TWO ORDINARY SHARES
RSI divergence,
Parallel channel breakout,
MAs convergence
MACD Green


I would buy April Calls with 50 Strike Price
Hedge with short-term strike 34 disposable puts
Comment: Candlestick is engulfing bearish, so let's hope it's not a fake out. Once again, if it hold's today's close, and if it is above its support area, it is bullish.
Comment:
I agree. Taking out today's high will make this fly.
Reply
Avasreader IllusionsCatcher
@IllusionsCatcher, Thank you, That's what I am thinking. It's just the candlestick is a little concerning.
Reply
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