If AEO opens above 16.95 consider using the Gap N Go Strategy. To receive a free and complete stock trading education, go to www.RealLifeTrading.com
large OI this week 15 -16, can sell that strangle for 85c still
Price moved back up to test $17.30. A break of this level would constitute a high since Aug 2013 and have a potential $1 upside. May be suitable for short term bought call scalp
AEO expected to open at 16.30 for a Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
AEO expected to open at 16.29 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
underlying strength in the stock pushed it to 12 month highs and a further move higher could be worth either a credit spread or short term covered call. Note earnings 10th March so expiry Mar W1
Volume is low and will need to see this rise once it confirms. EMA's are still sideways but still have a bullish edge SMA's are sideways and headed higher toward the action Stochastics are headed higher and looking for a sell signal RSI is headed lower MACD is headed lower after a sell signal BB are squeezed close to each other and is waiting on a signal one...
AEO - Premarket data predicts an open at 12.85 which would set up a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com
Buy AEO 12.92 Stop 12.50 Target 13.50/13.95 Near Term Regards, SP CapitalTA
decent liquidity + good inventory management + signs of improvements
signs of pickups from multiple competitors + sufficient liquidity + good inventory management