We can go long CALM above the Key Earnings level from the last earnings release. Keep stops under 51, and aim for a 5 daily ATR move. I like how it has closed the day above said level, I see considerable upside in this stock, and it has an excellent yield and solid fundamentals. Good luck if taking this trade. If interested in my professional trading signals, or...
Earnings beat today, progap, 60% short, nice dividend. 1.8r t1 for a short trade and room to $63 for 8.3r trade.
Going to have to be calm and 'paytient' on this one. A LOT of time. BUT spread is above resistance and the 200 SMA, along with a nice small gap down today on the hourly. Decent prem too and earnings has happened.
USDJPY Should Yellen calm down the USD ?
Be calm and wait for the All time high break out (retest)
Put strike sale is below the 200 SMA, below a strong wick, below a fib retracement zone and below old resistance, new support.
The only thing I do not love about this bearish trade is the daily support at 48
Give the bullish retest some time. ( a few days maybe) but looks nice.