ZOES also building fallen angel type of formation. It crossed above EMA lines & moneyflow is accumulating. If it can break support at 26.13 it can easily hit 30+ To trade this we would consider $25 March Calls @ 2.70 You can check our detailed analysis on ZOES in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:45" Trade Status: Pending
Zoes Kitchen has temporarily bottomed in September and made a nice run through October in 2014 and 2015. After getting decimated from earnings a couple of weeks ago, I believe it is gearing up for a three-peat. We're just under that nice 26 support area with 24 also in focus. The daily RSI is currently at an extreme (under 20), so I see limited downside from...
IT's still in a channel. Buy low, sell high and vise versa. This is the analysis over earnings. If ZOES opens in a purple box, I'm pretty neutral on it over all. Red box box bearish (for the short term day trade type of style) and then green box, bullish is likely the edge.
I'll watch this one in the morning.. IF you want to own down here, you could. There is a decent support and R:R is decent on a pull back tomorrow.
This put prem is good and is at a strong support. I like the candle and volume coming in from earnings.
$35 July strike .65 limit Pull back expected. But with this volume and candles, highly expect this to expire worthless.