price pulled back with a good hammer formation with next day bullish confirmation. Target is a simple 2:1 ratio based on the exit below the support level
If price moves below $66.27 or even opens below today's close, will have my short bet in place with target price $62. Will have my stop loss right at recent swing high $70 to give the trade to work out its space. Join us www.woowtrading.net
Williams %R crossing up with bullish MACD crossover and bottoming in RSI. Similar candle pattern to previous dips where bottom is set by two long opposite candles followed by a retest.
Pattern will continue for a few weeks.
Hum has gone down the last four quarters on earnings. I bought a put fly between the historical and implied measure move targets hoping to hit my sweet spot ($70) by expiration.
